Singapore legislation
Clause 15
Clause 15
Information and statistics to be furnished by finance companies
(1)
Every finance company shall furnish to the Commissioner at such time and in such manner as the Commissioner may prescribe, all such information and data as he may reasonably require for the proper discharge of his functions under the provisions of this Act.
(2)
Every finance company that fails or neglects to furnish any information required by the Commissioner under subsection (1) of this section and within the time specified by the Commissioner shall be guilty of an offence under this Act and shall be liable on conviction to a fine not exceeding one thousand dollars for every day during which the default continues.