(1) The Council may, at any time, for the purposes of supervision of health insurance schemes,

(a) inspect the premises, business and affairs, including the procedures and systems of a scheme;

(b) inspect the assets, including cash, belonging to or in the possession or control of any person who has any relation with the scheme;

(c) examine and make copies of documents, including accounting records, that belong to or are in the possession or control of a person who in the opinion of the Council has activities that relate to the activities of a scheme.

(2) The Council may employ suitably qualified and experienced persons to assist it or carry out any inspection on its behalf.

(3) Without limiting subsection (1), the Council shall ensure that an inspection is carried out in respect of a licensed health insurance scheme at least once in every twelve months.

(4) The Council shall after any inspection compile a report stating the status of the scheme and shall submit a copy of the report including its recommendations to the scheme for compliance where applicable.