465Offences—insurer to give periodic returns, documents

465 Offences—insurer to give periodic returns, documents and information (1) A licensed insurer commits an offence if the insurer— (a) must give the MAI commission information, or a periodic return or document, under section 462 (Licensed insurers must give information to MAI commission); and (b) does not give the MAI commission the information, or the periodic return or document. (2) A licensed insurer commits an offence if the insurer— (a) must give the MAI commission information, or a periodic return or document, under section 462; and (b) does not give the MAI commission the information, or the periodic return or document— (i) in the way or time stated by regulation under section 462; or (ii) in the way or time stated by the MAI commission in a notice under section 464. (3) It is a defence to a prosecution for an offence against this section if the defendant proves that it was not in the defendant’s power to comply with a request or requirement under section 462.