(1) The Authority may, by notice in writing, require a person who is an applicant for a licence or who in the opinion of the Authority has some association or connection with the applicant that is relevant to the application, to do any one or more of the following things —
(a) to provide, in accordance with the directions in the notice, such information verified by statutory declaration as is relevant to the investigation of the application and which is specified in the notice;
(b) to produce in accordance with the directions in the notice, such records relevant to the investigation of the application as are specified in the notice and to permit examination of the records, the taking of extracts from the records and the making of copies from the records;
(c) to authorise a person described in the notice to comply with a specified requirement of the kind referred to in paragraph (a) or (b);
(d) to furnish to the Authority such authorities and consents as the Authority directs for the purpose of enabling the Authority to obtain information, including financial and other confidential information, from other persons concerning the person and his or her associates and relations.
(2) If a requirement made under this section is not complied with, the Authority may refuse to consider the application concerned.
(3) A person who complies with a requirement of a notice under this section does not on that account incur a liability to another person.
(4) The reasonable costs incurred by the Authority in investigating and inquiring into an application for a licence is payable to the Authority by the applicant, unless the Authority determines otherwise in a particular case.
(5) The costs payable pursuant to subsection (4) shall be paid prior to the grant of a licence.