Section 46

Any person who, without reasonable excuse, refuses or fails to comply with a requirement imposed under section 42, 44(7) or 45 shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 or to imprisonment for a term not exceeding 2 years or to both.

Any person who, in purported compliance with a requirement imposed under section 42, 44(7) or 45, provides information or makes a statement that is false or misleading in a material particular shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 or to imprisonment for a term not exceeding 2 years or to both.

It is a defence to a prosecution for an offence under subsection (2) if the defendant proves that the defendant believed on reasonable grounds that the information or statement was true and not misleading.

Any person who conceals, destroys, mutilates or alters any book relating to a matter that the Authority is investigating or about to investigate under this Division or, where such a book is within the territory of Singapore, takes or sends the book out of Singapore shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $100,000 or to imprisonment for a term not exceeding 2 years or to both.

Any person who, without reasonable excuse, obstructs or hinders the Authority in the exercise of any power under section 42, 44 or 45, or obstructs or hinders a person who is executing a warrant issued under section 43, shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 or to imprisonment for a term not exceeding 2 years or to both.

Any occupier, or person in charge, of the premises that a person enters under a warrant issued under section 43 who fails to provide to that person all reasonable facilities and assistance for the effective exercise of that person’s powers under the warrant shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 12 months or to both.