266Notice to produce books about credit activities or credit reporting

266  Notice to produce books about credit activities or credit reporting  (1) ASIC may give to:  (a) a person who engages in a credit activity (either alone or together with any other person or persons); or  (b) a person who ASIC, on reasonable grounds, suspects has been a party to engaging in a credit activity; or  (c) a representative, banker, lawyer or auditor of a person referred to in paragraph (a) or (b); a written notice requiring the production to a specified ASIC member or ASIC staff member, at a specified place and time, of specified books relating to:  (d) a credit activity engaged in by a person; or  (e) the character or financial situation of, or a business carried on by, a person who engages, or has engaged, in a credit activity.  (2) ASIC may give to:  (a) a Part 3‑2CA body that is, or has been, subject to a requirement under Part 3‑2CA (other than Division 4), either alone or together with any other person or persons; or  (b) a representative, banker, lawyer or auditor of a person referred to in paragraph (a); a written notice requiring the production to a specified ASIC member or ASIC staff member, at a specified place and time, of specified books relating to:  (c) information, or a statement, to which that requirement relates; or  (d) the character or financial situation of, or a business carried on by, a person who is, or has been, subject to that requirement. Note 1: Part 3‑2CA is about mandatory comprehensive credit reporting. Note 2: Failure to comply with a requirement made under this subsection is an offence (see section 290).