Investment Intermediaries Act, 1995

Inquiries into certain acquiring transactions.

46.—(1) A supervisory authority may carry out such inquiries and obtain such information as it considers necessary to enable it to consider a proposed acquiring transaction.

(2) Any person who wilfully or knowingly obstructs or prevents inquiries by a supervisory authority under this section or knowingly or recklessly provides false or misleading information shall be guilty of an offence.