Section 25
Audit of licensee, etc.
of Ocean Thermal Energy Conversion Enactment 2024
The Commission may —
(a)
carry out or cause to be carried out audit of any licensee, any information furnished to the Commission or on any other matters as directed by the Commission;
(b)
require a licensee to appoint, at their own cost, an independent expert, with qualifications as may be stated by the
Commission to review or audit on any licence granted under this Enactment, any information which a licensee furnishes to the Commission or on any other matters as directed by the
Commission.
(2)
For the purpose of subsection (1), the review or audit shall be carried out in accordance with any codes, guidelines or directions issued under this
Enactment, or as may otherwise be determined by the Commission.
(3)
A licensee, or any other person as determined by the Commission who
—
(a)
fails to furnish any information as may be required by the
Commission;
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(b)
intentionally alters, suppresses or destroys any document or information which he has been required by written notice to produce; or
(c)
refuses to assist or facilitate, or obstructs the Commission, its authorized officers or appointed independent expert in conducting the audit, under this section, commits an offence and shall, on conviction, be liable to a fine not exceeding one hundred thousand ringgit and in the case of a continuing offence, to a further fine not exceeding ten thousand ringgit for every day or part of the day during which the offence continues after conviction.