The Minister for Commerce and Agriculture shall have the authority to exercise supervision and control over insurance companies and organisations subject to the provisions of this Law, and such exercise shall take place through the officers of his Ministry designated for this specific purpose. The said officers shall have the authority to ascertain compliance by insurance companies and organisations with the provisions of this Law and the orders issued for the implementation thereof. For this purpose, they may have access to the offices of such companies and organisation, examine the relevant books, approach banks and any other agency/institution wherein are maintained funds or investments for these companies and organisations. The officers of the Ministry shall submit their report to this respect to the Minister to the Minister to take the appropriate action according to the provisions of the Law and its Implementing Orders.