If the registrar has reason to believe that—
a) |
an offence or irregularity has been committed relating to the affairs of an institution inspected under this Act; or |
b) |
an institution so inspected is in an unsound financial condition, |
he or she may convey any information obtained during an inspection to—
i) |
any department or organ of State; |
ii) |
any regulatory authority; |
iii) |
any self-regulating association or organisation; |
iv) |
any statutory board charged with supervisory or regulatory duties; |
v) |
any shareholder, partner, member, director, auditor, accounting officer, liquidator, curator, executor or trustee of an institution inspected under this Act; |
vi) |
any participating employer in a pension fund organisation inspected under this Act, |
if the person or entity referred to in subparagraphs (i) to (vi) is affected by, or has an interest in, such information.
[Section 9 amended by section 152 of Act No. 45 of 2013]