(1) It is a reasonable excuse for an individual to refuse or fail to give information, produce a document or do any other thing that the individual is required to do by or under this Act, if the giving of the information, production of the document or doing of the thing would tend to incriminate the individual.
(2) Despite subsection (1), it is not a reasonable excuse for an individual to refuse or fail to produce a record or other document that the individual is required to keep under this Act, if the production of the record or other document would tend to incriminate individual.