(1) An administrator
appointed under section 47ZQ(1)(b) may, for the purpose of performing its
functions, by a notice given to an officer or employee or former officer or
employee of the Coordinator, require the person to —
(a)
produce documents in the person’s possession that the administrator
reasonably requires to perform the functions; or
(b)
provide other information or assistance the administrator reasonably requires
to perform the functions.
(2) An Interim
Coordinator may, for the purpose of performing its functions, by a notice
given to an officer or employee or former officer or employee of a person who
was previously the Coordinator, require the officer or employee or former
officer or employee to —
(a)
produce documents in the possession of the officer or employee or former
officer or employee that the Interim Coordinator reasonably requires to
perform the functions; or
(b)
provide other information or assistance the Interim Coordinator reasonably
requires to perform the functions.
(3) A person must
comply with a requirement under subsection (1) or (2) unless the person has a
reasonable excuse.
Penalty for this subsection:
(a) a
fine of $10 000;
(b) a
daily penalty of a fine of $1 000 for each day or part of a day during which
the offence continues.
(4) It is a reasonable
excuse for an individual not to comply with the requirement if doing so might
tend to incriminate the individual.
[Section 47ZV inserted: No. 5 of 2019 s. 6.]