41. Licencees to provide documents or information

The Director-General may for ascertaining the manner in which business and corporate affairs of a licencee are being conducted or for any other specified purpose, require any licencee or person to submit documents or information in such manner and form and at such intervals or at such times as may be specified from time to time to the Director-General or any employee of the Authority designated for such purpose in the manner and within such time as may be specified by the Director-General.

Any licencee or person who fails to submit information under subsection (1), may be required to pay a sum of money, as an administrative charge, as may be determined by the Authority not exceeding two million rupees.

In this section “person” includes any officer of any department of the Government or any body of person, corporate or unincorporate, whether established or constituted under any law or otherwise.