(1) The Authority may, by notice in writing to a licensee or director, an officer or a significant shareholder of a licensee, require information to be provided to the Authority within the time and in the form as specified in the notice for the purpose of determining compliance with this Act.
(2) The Authority has the power to examine or cause an examination of a licensee for the purpose of determining if a licensee is complying with this Act, at the expense of the licensee.
(3) For the purposes of examining a licensee, the licensee shall grant the Authority—
(a) full access to the registered office or place of business of a licensee, and to the books and records relating to its business;
(b) the right to call on —
(i) any director, principal representative, officer or any other employee of the licensee, or
(ii) any other person with information regarding the licensee,
to furnish any information and explanation that the Authority considers necessary.
(4) The Authority may cooperate with any local or foreign authority as necessary for the performance and exercise of its duties and powers.
(5) Where the Authority intends to share confidential information in accordance with subsection (4), the Authority shall enter into an agreement with the other authority to provide for the maintenance of the confidentiality of the information and use of the information only for the purposes for which the information is being disclosed.