S 214-25 repealed by No 87 of 2015, s 3 and Sch 1 item 123, effective 1 July 2015. For transitional provisions, see note under s
3-15
. S 214-25 formerly read:
SECTION 214-25 REPORTS OF INSPECTORS
214-25(1)
An *inspector:
(a)
must, on the completion or termination of an investigation of the whole or a part of the affairs of a private health insurer, report in writing to the Council on the result of the investigation; and
(b)
if so directed in writing by the Council, must make such written reports during the investigation as are specified in the direction; and
(c)
may make one or more other written reports to the Council during the investigation.
214-25(2)
The report made on the completion of the investigation must include the *inspector
'
s recommendations with respect to:
(a)
the question whether the insurer should be permitted to continue to conduct a particular *health benefits fund; and
(b)
the question whether the insurer
'
s affairs should be reorganised to enable it better to conduct the fund and, if so, the way in which they should be reorganised; and
(c)
such other matters affecting the insurer, or the interests of the *policy holders of the fund, as the inspector thinks fit.
214-25(3)
If the matters investigated included:
(a)
the question whether the insurer is, or is about to become, unable to meet its liabilities relating to a *health benefits fund; or
(b)
the question whether the insurer
'
s affairs are being, or are about to be, carried on in a way that is not in the interests of the *policy holders of the fund;
the report made on the completion of the investigation must include a statement of the *inspector
'
s opinion in relation to that question and the facts on which that opinion is based.
214-25(4)
An *inspector must not include in a report under this section:
(a)
a recommendation relating to the institution of criminal proceedings; or
(b)
a statement to the effect that, in the inspector
'
s opinion, a specified person has committed a criminal offence.
214-25(5)
However, if an *inspector is of the opinion that criminal proceedings ought to be instituted or that a person has committed a criminal offence, the inspector must state that opinion in writing given to the Council.