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Section 66

Inquiry

of Co-Operative Societies Act 1993

ActIn forceProvision 77 of 119
Section 66

(1)

The Commission may, whether or not, consequent upon an inspection under section 64 or audit under section 60, hold an inquiry or direct any person authorized by the Commission by order in writing on his behalf to hold an inquiry into the constitution, working and financial position of the co-operative society and its related corporations, if any.

62 Laws of Malaysia ACT 502

(2)

For the purpose of an inquiry under subsection (1), the

Commission or the authorized person referred to in subsection (1) may summon any person, which the Commission or the authorized person has reason to believe, has knowledge of any of the affairs of the co-operative society and may examine such person on oath and may require any person to produce or surrender any books, accounts and documents in his custody belonging to the co-operative society and its related corporation, if any, if the Commission or such authorized person has reason to believe that such books, accounts and documents may furnish evidence of an offence under this Act, regulations or orders.

(3)

Every person authorized under subsection (1) shall, upon the completion of an inquiry under subsection (1), report his findings to the Commission.

The Commission may communicate to co-operative society result of inspection or inquiry