48Financial institutions to provide certain information to Director

48 Financial institutions to provide certain information to Director

(1) Despite anything in this or any other Act or in any law, custom or contract to the contrary, any authorised deposit-taking institution must, when required in writing by the Director, provide to the Director any information that the Director requires with respect to—

(a) what accounts are entered in the books of the authorised deposit-taking institution in respect of patriotic funds (whether entered as patriotic fund accounts or as war fund accounts or under any other name or designation);

(b) what sums of money are credited to any account;

(c) what securities for money and what other property are or is held by the authorised deposit-taking institution for or on behalf of any patriotic fund or as security for advances to any patriotic fund.

(2) No authorised deposit-taking institution will incur any liability, whether in respect of any breach of trust or otherwise by reason only of the providing of any information under this section.