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Section 44: Powers of examiners and special examiners

Banking Act · PART V: FINANCIAL STATEMENTS, AUDIT AND SUPERVISION

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

44. Powers of examiners and special examiners (1) The central bank may authorise in writing any of its officers or any other person appointed by the central bank for that purpose to conduct, either jointly or separately, a regular examination under section 42 or a special examination under section 43, and any such officer or person shall have the power to— (a) examine all books, minutes, accounts, records, cash, securities, vouchers and any other document, in the possession or custody of the financial institution or of its affiliates in Mauritius or its branches and affiliates outside Mauritius; (aa) have access to any program or data and take extracts of any file, document or record held electronically in any computer or other electronic device of the financial institution or of its affiliates in Mauritius or its branches and affiliates outside Mauritius; and (b) require, within such time as may be specified, such information and copies of all relevant documents, that he may reasonably require concerning its business, or that of its affiliates in Mauritius, or that of its branches and affiliates outside Mauritius, if any, as appear necessary. (2) Every person appointed by the central bank for the purposes of sections 42 and 43 shall comply with the provisions of confidentiality under the banking laws. [S. 44 amended by s. 3 (m) of Act 27 of 2013 w.e.f. 21 December 2013.]

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