79Compliance auditors—production of documents

79 Compliance auditors—production of documents (1) A compliance auditor may, by written notice, ask a licensee to produce to the compliance auditor a document that relates to the licensee’s activities. Compliance auditors Division 6.2 (2) The notice must state— (a) the place where and time when, or the period within which, the licensee must produce the document that the compliance auditor considers on reasonable grounds is reasonable; and (b) the consequences under this Act of failing to comply with the notice. (3) A compliance auditor may do 1 or more of the following in relation to the document: (a) inspect it; (b) take an extract from or make a copy of the document; (c) require the licensee to give the compliance auditor information about the document; (d) take possession of the document for the period that the compliance auditor considers on reasonable grounds is reasonable. (4) If a compliance auditor takes possession of a document under subsection (3) (d), the compliance auditor must— (a) allow a person who would be entitled to inspect the document, if it were not in the compliance auditor’s possession, to inspect the document at any reasonable time; and (b) give a receipt for the document to the licensee. (5) The receipt must include the following: (a) a brief description of the document; (b) the compliance auditor’s name, and information about how to contact the compliance auditor; (c) the address of the place where the compliance auditor will keep the document while it is in the compliance auditor’s possession.