The purpose of the Inspection of Financial Institutions Act is to provide for the inspection of the affairs of financial institutions; the inspection of the affairs of unregistered entities conducting the business of financial institutions; and for matters connected therewith.
Appointment of inspectors
(1) The registrar may from time to time appoint inspectors under this Act.
(2) The registrar must furnish every inspector with a certificate of appointment signed by the registrar.
(3) An inspector must, before commencement of an inspection or the examination of any person, produce his or her certificate of appointment.
(4) An inspector may, with the consent of the registrar, appoint any person to assist him or her in carrying out an inspection.
Source: SABINET
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