Price Exploitation Prevention Act 1949

(1) The Controller, a Deputy Controller or an authorized officer may require any person:

in relation to any goods or services, whether declared or not, or to any other matter arising under this Act.

(2) The Controller, Deputy Controller, or officer thereto authorized in writing by the Controller may require the information to be given, or the question to be answered, on oath and either orally or in writing.

(3) The Controller, Deputy Controller or officer thereto authorized in writing by the Controller may, by notice in writing, require the information to be given, or the question to be answered, in writing and at the place specified in the notice.

(4) A person shall not, when required under this section to furnish information or answer a question:

(a) refuse or fail to furnish the information or to answer the question; or

(b) give any information or make any answer which is false in any particular; or

(c) refuse or fail to do so orally or in writing, and at the place, as required under this section.

Maximum penalty: If the offender is a natural person – 100 penalty units or imprisonment for 6 months.

If the offender is a body corporate – 500 penalty units.

(5) A person shall not be obliged to answer orally any question or questions unless he has first been informed by the Controller, or the Deputy Controller, or the authorized officer asking the question or questions that he is required and is obliged to answer by virtue of this section.