Electricity Generator Assets (Authorised Transactions) Act 2012

The regulations may make provision for or with respect to requiring a person—

to keep and retain records, where the records are relevant to an ownership matter, and

to give information to the Treasurer or a floated transaction company that is relevant to—

an ownership matter, or

ascertaining whether Part 1 of this Schedule has been or is being complied with.

The regulations may provide that information given in accordance with a requirement of regulations made for the purposes of subclause (1) (b) must be verified by statutory declaration.

A person is not excused from giving information in accordance with a requirement of regulations made for the purposes of subclause (1) (b) on the ground that the information may tend to incriminate the person or expose the person to a penalty.

However, any information obtained from a natural person in compliance with a requirement of regulations made for the purposes of subclause (1) (b) is not admissible against the person in criminal proceedings other than proceedings for an offence under this clause.

A person must keep records, and provide information, in compliance with any requirements of regulations made for the purposes of subclause (1) (b).

In this clause—

whether a person holds a particular type of stake in a floated transaction company and, if so, the level of that stake,

whether the directors of a floated transaction company are accustomed or under an obligation, whether formal or informal, to act in accordance with the directions, instructions or wishes of a person (either alone or together with associates),

whether a person (either alone or together with associates) is in a position to exercise control over a floated transaction company.