Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)

Part II : Functions of Registrar

19. Power of registrar to request audit

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(1)The registrar may direct a manager to have all books of accounts and financial statements audited and to submit the results of such an audit to the registrar within the time specified by the registrar.

 

(2)Any person who, in respect of an audit contemplated in subsection (1), gives information, an explanation or access to records which he or she knows to be false or misleading is guilty of an offence.