(1) The Customs and Excise Department or the Board shall require a free zone business to furnish such information about imports, and exports and other transactions occurring within a free zone as may be necessary to exercise regulatory control over free zone activities.
(2) A free zone business which is required to furnish information in accordance with subsection (1), shall comply with such request without delay and shall cooperate fully with the Customs and Excise Department and the FZMA in the proper discharge of their regulatory functions.
(3) In special cases, the FZMA may consider it necessary to have an inventory account, sales and transfer record prepared on demand and these records may also apply to free zone activities.
(4) Every free zone business shall submit a detailed account of its full inventory in whole or in part to the FZMA within one week from the last day of every month or upon request by the FZMA and such account shall include all records of entry, sales, destruction and transfers of such inventory.