42. Examination of licencees

require any licencee or a director, secretary, manager, employee, auditor, agent, contractor, partner or a office bearer of a licencee to furnish him all such information as he may consider necessary, within such period in a manner or form as may be specified by the Director-General, and to produce for inspection books, records, files, registers and such other documents, maintained in print or electronic form, of such licencee and to provide authenticated copies in any form as required of such books, records, files, registers and such other documents;

enter any premises or storage area or any property of such licencee, or any director, secretary, manager, employee, auditor, agent, contractor, partner, office bearer of such licencee, or any other place not specified above, and notwithstanding anything to the contrary in any other law, examine books, records, files, registers, and such other documents, maintained in print or electronic form, of such licencee and may obtain copies, authenticated or otherwise, in any form of such books, records, files, registers and such other documents;

require any licencee or a director, manager, employee, agent, contractor, partner, office bearer or secretary of any licencee to submit the accounts of such licencee, furnish such information and produce such books, records, files, registers, and such other documents, maintained in print or electronic form, for audit by an auditor authorized by the Director-General;

call for information by written notice, question and record statements of or, if necessary, direct any director, shareholder, secretary, manager, employee, agent, auditor, partner, office bearer or contractor of any licencee or of any other person who may be acquainted with or is aware of or is in possession of, information regarding the business or corporate affairs of such licencee, to submit information or if necessary, administer oath or affirmation in accordance with the Oaths and Affirmation Ordinance (Chapter 17);

require any related party of a licencee to furnish information as the Director-General may consider necessary and to produce for inspection books, records, files, registers and such other documents maintained in print or electronic form, of such related party and to provide authenticated copies in any form as required of such books, records, files, registers and such other documents;

in the case of a company, any subsidiary or associate company of any licencee, or any subsidiary or associate company of the holding company of any licencee, or any director, key management personnel, secretary or their close relations;

in the case of a partnership, a partner or close relations of such partner;

in the case of a society, an office bearer, or close relations of such officer bearer; or

any other licencee or individual that in the view of the Director-General has a substantial financial interest or significant management interest in any licencee; or

take any other action which he may deem necessary to ascertain the true condition of the affairs of such licencee during such examination.