Part 4

Flood insurance

Flood insurance obligations

Information
72
1
The Secretary of State may by regulations make provision about—
a
the provision of information, and
b
the production of documents,
by insurers for the purposes of regulations under section 70.
2
The regulations may in particular require an insurer to provide information of a prescribed description or produce documents of a prescribed description for the purpose of showing, in relation to a prescribed period—
a
whether or not an insurer is a relevant insurer;
b
whether or not an exemption applies (see section 70(5)(b)).
3
The regulations may in particular require an insurer to provide information or produce documents about—
a
the insurance policies issued by it in a prescribed period that provide cover against prescribed descriptions of risk;
b
the value of the insurance policies so issued;
c
insurance policies so issued that do not remain in force to the end of the period of cover;
d
the value of such insurance policies.
4
The regulations may provide for information to be provided or documents to be produced to the Secretary of State or a person acting on behalf of the Secretary of State.
5
The regulations may make provision—
a
about the time within which information must be provided or documents produced;
b
about the form in which information is to be provided;
c
about the place where documents are to be produced;
d
requiring information to be verified in a prescribed manner;
e
requiring documents to be authenticated in a prescribed manner.
6
The regulations may make provision about—
a
the persons to whom, and the purposes for which, information supplied by an insurer may be disclosed;
b
the publication of information by the Secretary of State about the amount of insurance business of a prescribed description done by insurers, taken together.
7
In this section “prescribed” means specified in or determined in accordance with regulations under this section.