50Power of Minister to require information as to proposed dealings

##### 50. Power of Minister to require information as to proposed dealings (1) The Minister may require the person lodging an application for approval of a transfer or dealing or a provisional application for approval of a dealing under this Part to furnish to him in writing such information concerning the transfer or dealing as the Minister considers necessary or advisable. (1a) The Minister may require a person who is a party to a dealing approved by the Minister under section 47 to furnish to the Minister a statement in writing setting out such information concerning alterations in the interests or rights existing in relation to the licence to which the approved dealing relates as the Minister considers necessary or advisable. (1b) The Minister may require a person making an application under section 45(1) or (3) or 53A(2) to furnish to the Minister in writing such information concerning the matter to which the application relates as the Minister considers necessary or advisable. (1c) A person shall not fail or refuse to comply with a requirement given to the person under subsection (1), (1a) or (1b). (2) A person who is so required to furnish information shall not furnish information that is false or misleading in a material particular. Penalty for an offence under subsection (1c) or (2): a fine of $5 000. [Section 50 amended: No. 12 of 1990 s. 144; No. 42 of 2010 s. 182(4) and (5).]