59Requirement to provide information

#### 59 Requirement to provide information 59 Requirement to provide information > > (1) This section applies if a corporation or the trustee of a trust is the subject of a prohibition under this Part. > > > (2) The Secretary may require the corporation or trustee to provide information that the Secretary may reasonably require to ascertain the identity of each person who has a management role or substantial interest in the corporation or a substantial interest in the trust. > > > (3) The Secretary may require any person who the Secretary reasonably believes has a management role or substantial interest in the corporation or a substantial interest in the trust to provide information that the Secretary may reasonably require to ascertain— > > > > > (a) the identity of each corporation in which that person has a management role or substantial interest, or > > > > > (b) the identity of the trustee and any manager of a trust in which that person has a substantial interest. > > > (4) A requirement to provide information is to be imposed by written notice served on the person, corporation or trustee concerned. The notice must specify a period of not less than 7 days as the period within which the required information must be provided. > > > (5) A person who fails, without reasonable excuse, to comply with a requirement of a notice under this section is guilty of an offence. > > > > Maximum penalty— > > > > > (a) in the case of a corporation, 400 penalty units for a first offence or 800 penalty units for a second or subsequent offence, or > > > > > (b) in any other case, 200 penalty units for a first offence or 400 penalty units for a second or subsequent offence.