sec.109Investigations

sec.109 Investigations

The chief executive may investigate an agent to help the chief executive decide whether the person is, or continues to be, a suitable person to be an agent. The chief executive may investigate a business or executive associate of an agent to help the chief executive to decide whether the person is, or continues to be, a suitable person to be associated with an agent’s operations. However, the chief executive may investigate an agent, or a business or executive associate of an agent, only if— the chief executive reasonably suspects the person is not, or is no longer, a suitable person to be an agent, or to be associated with an agent’s operations; or the investigation is made under an audit program for agents and their business and executive associates approved by the chief executive. (sec.109-ssec.1) The chief executive may investigate an agent to help the chief executive decide whether the person is, or continues to be, a suitable person to be an agent. (sec.109-ssec.2) The chief executive may investigate a business or executive associate of an agent to help the chief executive to decide whether the person is, or continues to be, a suitable person to be associated with an agent’s operations. (sec.109-ssec.3) However, the chief executive may investigate an agent, or a business or executive associate of an agent, only if— the chief executive reasonably suspects the person is not, or is no longer, a suitable person to be an agent, or to be associated with an agent’s operations; or the investigation is made under an audit program for agents and their business and executive associates approved by the chief executive.

• (a) the chief executive reasonably suspects the person is not, or is no longer, a suitable person to be an agent, or to be associated with an agent’s operations; or
• (b) the investigation is made under an audit program for agents and their business and executive associates approved by the chief executive.