Power of inspectors to require answers
79 Power of inspectors to require answers
An inspector may require a person whom the inspector suspects on reasonable grounds to have knowledge of matters in respect of which information is reasonably required for the purposes of this Act to answer questions in relation to those matters.
The Commission may, by notice in writing, require a corporation to nominate, in writing within the time specified in the notice, a director or officer of the corporation to be the corporation’s representative for the purpose of answering questions under this section.
Answers given by a person nominated under subsection (2) bind the corporation.
An inspector may, by written notice, require a person to attend at a specified place and time to answer questions under this section if attendance at that place is reasonably required in order that the questions can be properly put and answered.
The place and time at which a person may be required to attend under subsection (4) is to be—
a place or time nominated by the person, or
if the place and time nominated is not reasonable in the circumstances or a place and time is not nominated by the person, a place and time nominated by the inspector that is reasonable in the circumstances.
This Act’s bill:Explanatory memorandumSecond reading speech
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