48 Production of documents and provision of information for certain purposes.E+W+S
(1)[F1the Authority]may at any time, by notice in writing served on a registered society or on any person who is or has been an officer of such a society, require that society or person to produce to [F1the Auhority] such books, accounts and other documents relating to the business of the society, and to furnish to [F2it]such other information relating to that business, as [F1the Authority] considers necessary for the exercise of any of the powers which [F2it] has by virtue of section 16(1)(c)(ii), 16(4) or 56 of this Act; and any such notice may contain a requirement that any information to be furnished in accordance with the notice shall be verified by a statutory declaration.
(2)Any society or other person failing to comply with the requirements of a notice under the foregoing subsection shall be liable on summary conviction to a fine not exceeding [F3level 3 on the standard scale] or to imprisonment for a term not exceeding three months or to both.
(3)[F1the Authority] may, if [F2it] considers it just, direct that all or any of the expenses incurred by [F2it]in exercising [F2its] powers under subsection (1) of this section in relation to any society shall, either wholly or to such extent as [F2it] may determine, be defrayed out of the funds of the society or by the officers or former officers thereof or any of them; and any sum which any society or other person is required by such a direction to pay shall be a debt due to [F1the Authority] from that society or person.
Textual Amendments
F1Words in s. 48(1)(3) substituted (1.12.2001) by S.I. 2001/2617, arts. 2(b), 13(1), Sch. 3 Pt. III para. 215 (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)
F2Words in s. 48 substituted (1.12.2001) by S.I. 2001/2617, arts. 2(b), 13(1), Sch. 3 Pt. III para. 225 (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)
F3Words substituted (E.W.S.) by virtue of (E.W.) Criminal Justice Act 1982 (c. 48, SIF 39:1), ss. 38, 46 and (S.) Criminal Procedure (Scotland) Act 1975 (c. 21, SIF 39:1), ss. 289F, 289G
Modifications etc. (not altering text)
C1S. 48(1)(2) extended by Credit Unions Act 1979 (c. 34, SIF 55:3), s. 17(1)
C2S. 48(3) extended by Credit Unions Act 1979 (c. 34, SIF 55:3), s. 17(1)