Section 17 Examination of books of insurance companies.

The secretary or other officer having the custody of the books and papers of any insurance company that is required to pay a contribution to the F1Greater London Council in pursuance of this Act shall allow any officer appointed by the Greater London Council to inspect, during the hours of business, any books and papers that will enable him to ascertain the amount of property insured by such company in Greater London other than the Outer London boroughs, and the amount for which it is insured, and to make extracts from such books or papers; and any secretary or other such officer as aforesaid of a company failing to comply with the requisitions of this section in respect of such inspections and extracts shall be liable on summary conviction to a penalty not exceeding F2level 1 on the standard scalefor each offence.