Section 29

is connected with the carrying out by the licensee of its licensed activities; or

is material to the carrying out by the Commission of any of its powers under this Act or its subsidiary legislation, as the Commission may require or as may be prescribed.

The information required under this section shall be furnished in such form and manner, at such interval and be accompanied or supplemented by such explanations and supporting documents as the Commission may require or as may be prescribed.

The information which a licensee is required to furnish to the Commission under this section may include information which, although the information is not in the possession of the licensee or would not otherwise come into the possession of the licensee, is information that the licensee can reasonably be required to obtain or compile.

The Commission may require a licensee to appoint, at the licensee’s cost, an independent expert, with qualifications as may be specified by the Commission to conduct, audit or review any of the information which a licensee is required to furnish to the

Commission under this section. The appointment and report of such an independent expert shall not relieve or derogate in any way the licensee’s liability under section 130.

The Commission or its authorized officers or agents may at any time, as it deems necessary, conduct an audit on the business and activities of the licensee and the licensee shall take all necessary steps, at its own cost, to assist and facilitate the Commission or its authorized officers or agents in conducting the audit including to grant them access to its premises and documentation and information. The cost of the audit shall be borne by the Commission.

Water Services Industry 35

A licensee who—