(1) Subject to subsection (2), a person who would, apart from this subsection, be required to:
(a) send a statement or document to the Commission under section 48; or
(b) answer a question or produce a document under section 50;
need not comply with that requirement if so complying would:
(c) tend to incriminate the person; or
(d) result in further attempts to obtain evidence that would tend to incriminate the person.
(2) Subsection (1) does not apply, and the person must comply with the requirement, if the person has waived his or her rights under that subsection.