Section 62

examine on oath the dealer and, where the dealer is a corporation or firm, any director of the corporation or partner of the firm, as the case may be, and any of the dealer's employees and agents and any other auditor appointed under this Act in relation to those books, accounts and records;

require the dealer and, where the dealer is a corporation or firm, any director of the corporation or partner of the firm, as the case may be, and the dealer's employees and agents, to produce any books, accounts and records held by or on behalf of the dealer relating to his business;

require an auditor appointed by the dealer to produce any books, accounts and records held by him relating to the business of the dealer;

require the clearing house to produce any books, accounts and records kept by it relating to the business of the dealer;

require the clearing house to provide any information in its possession relating to the business of the dealer;

employ such persons as he considers necessary to assist him to carry out the examination and audit; and

by instrument in writing under his hand, authorize any person employed by him to do, in relation to the examination and audit, any act or thing that he could do himself as an auditor, except the examination of any person on oath, under this subsection.

Any person who, without reasonable excuse, refuses or fails to answer any question put to him, or fails to comply with any request made to him, by an auditor appointed under section 59 or 60 or person authorized under paragraph (g) of subsection (1) commits an offence and is liable on conviction to a fine not exceeding five thousand ringgit or to imprisonment for a term not exceeding one year or to both.

If the clearing house, without reasonable excuse, fails to comply with any request made to it by an auditor appointed under section 59 or 60 or person authorized under paragraph (g) of subsection (1), the clearing house commits an offence and is liable on conviction to a fine not exceeding twenty-five thousand ringgit.

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