Hong Kong Ordinances

FINANCIAL REPORTING COUNCIL ORDINANCE - SECT 27

Provisions supplementary to sections 25 and 26: powers to require additional information, etc.

(1) If a person does not produce a record or document pursuant to a
requirement imposed on him under section 25 or 26, the investigator may, in
writing, require the person to state where the record or document is.

(2) If a person produces a record or document pursuant to a requirement
imposed on him under section 25 or 26, the investigator may—

   (a)  make copies, or otherwise record the details, of the record or
        document; and

   (b)  in writing, require the person or, where the person is a corporation,
        an existing, or past, officer or employee of that person, to give an
        explanation, or make a statement, on—

        (i)    the circumstances under which the record or document was
               prepared or made;

        (ii)   the instructions given or received in connection with the
               record or document;

        (iii)  the reasons for the making of entries in, or the omission of
               entries from, the record or document; and

        (iv)   such other matter regarding the record or document as the
               investigator may think fit.

(3) If a person gives an explanation, or makes a statement, pursuant to a
requirement imposed on him under subsection (1) or (2), the investigator may,
in writing, require the person to verify, within the time specified in the
requirement, the explanation or statement by a statutory declaration.

(4) If, for the reason that the information concerned is not within his
knowledge or possession, a person does not give an explanation, or make a
statement, pursuant to a requirement imposed on him under subsection (1) or
(2), the investigator may, in writing, require the person to verify, within
the time specified in the requirement, that reason and fact by a statutory
declaration.