Clause 41

For the purposes of an inspection or investigation under section 39 or 40 of this Act, the bank under inspection or investigation shall afford the Commissioner access to and shall produce its books, accounts and documents and shall give such information and facilities as may be required to conduct the investigation:Provided that such books, accounts and documents shall not be required to be produced at such times and at such places as shall interfere with the proper conduct of the normal daily business of that bank.

If any book, account or document or information is not produced in accordance with subsection (1) of this section, it shall be presumed subject to satisfactory evidence being furnished by the bank justifying such refusal to produce such book, account or document or information, that the bank concerned has been carrying on business in contravention of the terms of its licence with effect from that day and shall be liable on conviction to a fine not exceeding five thousand dollars and in the case of a continuing offence to a further fine of one thousand dollars for every day during which the offence continues after conviction.