105Inspection of licensee’s records

#### 105 Inspection of licensee’s records 105 Inspection of licensee’s records > > (1) A licensee’s records are at all reasonable times open to inspection by an authorised officer. > > > (2) An authorised officer may require a person who has possession, custody or control of a licensee’s records— > > > > > (a) to produce the licensee’s records for inspection, > > > > > (b) to furnish all authorities and orders to financial institutions as may be reasonably required of the person. > > > (3) If a licensee is absent from an office or place of business of the licensee, any employee or agent of the licensee for the time being having the apparent control or charge of the office or place of business is taken to have possession, custody or control of the licensee’s records at that office or place of business. > > > (4) An authorised officer may take copies of or extracts from, or make notes from, any licensee’s records produced to the authorised officer under this section and for that purpose may take temporary possession of those records.