Clause 4

Whenever the Commissioner has reason to believe that a person is conducting financing business without a licence, he may call for the books, accounts and records of such person in order to ascertain whether or not such person has violated or is violating any provisions of this Act, and any person wilfully refusing to submit such books, accounts and records shall be guilty of an offence under this Act and shall be liable on conviction to imprisonment for a term not exceeding one year or to a fine not exceeding one thousand dollars or to both such imprisonment and fine.

Upon the conviction of any person under subsection (1) of this section a District Court shall have power to order the production of any books, accounts and records to the Commissioner and any person failing to comply with such order shall be guilty of an offence under this Act and shall be liable on conviction to imprisonment for a term not exceeding one year or to a fine not exceeding one thousand dollars or to both such imprisonment and fine and, in the case of a continuing offence, to a fine not exceeding one hundred dollars for each clay during which the offence continues.