Section 79C: Request for information
This section is inserted by 18 THE FINANCE ACT 2025, section 10.
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
79C. Request for information
(1) The Registrar may, in the discharge of his
functions under this Act, require a credit union to furnish it
with any information and produce any record or document
within such time and at such place as he may determine.
(2) A credit union referred to in subsection (1) shall,
immediately, comply with any request under subsection (1).
(3) The Registrar may require any information or
document furnished to him to be verified or authenticated in
such manner as he may determine, and at the expense of the
credit union.
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(4) A credit union that fails to comply with this
section shall commit an offence and shall, on conviction,
be liable to a fine not exceeding one million rupees and to
imprisonment for a term not exceeding 2 years.