(1) In the performance of the Director's duties under this Act and to verify compliance with the provisions of this Act by the international public mutual fund licensee the Director is entitled at all reasonable times to—
(a) have access at the registered office or the office of the registered trustee of the international public mutual fund licensee to such books, records, vouchers, documents, cash, securities and other information of a public mutual fund as may be specified by the Director;
(b) require the directors, partners, trustees, managers, administrator or auditor of an international public mutual fund licensee to provide information and explanations of the condition and affairs of an international public mutual fund;
(c) request any information from an international public mutual fund licensee, administrator, manager, registered agent or registered trustee in respect of an international public mutual fund either from time to time or on a regular basis; and
(d) request from any person information or expert advice relevant to the duties of the Director.
(2) With the approval of the Minister, the Director may in writing authorise any other person to assist the Director in the performance of the Director's functions under the Act.
(3) A person who fails to comply with any requirement under subsection (1) by the Director or by any person authorized under subsection (2) commits an offence and is liable on conviction to a fine not exceeding $100,000 or to imprisonment for a term not exceeding 3 years.