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Director of Corporate Enforcement may request production of receiver's books
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446. (1) The Director of Corporate Enforcement may, where he or she considers it necessary or appropriate, make the following request of the receiver of the property of a company or companies (specifying the reason why the request is being made).
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(2) That request is that the receiver produce to the Director the receiver's books for examination, either in regard to a particular receivership or to all receiverships undertaken by the receiver.
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(3) The receiver of whom a request under subsection (1) is made shall—
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(a) furnish the books to the Director of Corporate Enforcement,
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(b) answer any questions concerning the content of the books and the conduct of the particular receivership or receiverships, and
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(c) give to the Director of Corporate Enforcement all assistance in the matter as the receiver is reasonably able to give.
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(4) A request under subsection (1) may not be made in respect of books relating to a receivership that has concluded more than 6 years prior to the date of the request.
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(5) If a receiver fails to comply with a request under subsection (1) or do any of the things referred to in subsection (3)(b) and (c), he or she shall be guilty of a category 3 offence.
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