Section 200C

The Authority may, with a view to enabling any person to order that person’s affairs in compliance with the provisions of this Act, issue such guidelines as it considers appropriate for providing guidance —

Any failure by a person to comply with any of the provisions of a guideline issued under this section that applies to that person does not of itself render that person liable to criminal proceedings but any such failure may, in any proceedings whether civil or criminal, be relied upon by any party to the proceedings as tending to establish or to negate any liability which is in question in the proceedings.

To avoid doubt, any guideline issued under this section does not have legislative effect.