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Financial Intermediaries Act 1996
sec.161Obstruction of auditor
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sec.161 Obstruction of auditor
An officer of a society must not— fail without lawful excuse— to allow an auditor of the society access, under this part, to the accounting records and other records and registers of the society that are in the possession or control of the officer; or to give any information or explanation as and when required under this part; or otherwise hinder, obstruct or delay an auditor in the performance of the duties or the exercise of the powers of an auditor. Maximum penalty—400 penalty units.
- (a) fail without lawful excuse— (i) to allow an auditor of the society access, under this part, to the accounting records and other records and registers of the society that are in the possession or control of the officer; or (ii) to give any information or explanation as and when required under this part; or
- (i) to allow an auditor of the society access, under this part, to the accounting records and other records and registers of the society that are in the possession or control of the officer; or
- (ii) to give any information or explanation as and when required under this part; or
- (b) otherwise hinder, obstruct or delay an auditor in the performance of the duties or the exercise of the powers of an auditor.
- (i) to allow an auditor of the society access, under this part, to the accounting records and other records and registers of the society that are in the possession or control of the officer; or
- (ii) to give any information or explanation as and when required under this part; or