—(1) The Authority may, from time to time, inspect under conditions of secrecy, the books, accounts, documents and transactions of a futures broker, a Futures Exchange, a clearing house, a futures pool operator or a futures trading adviser.
(2) The Authority may appoint any person to exercise the power of the Authority under subsection (1).
(3) For the purpose of an inspection under this section, any of the persons or bodies referred to in subsection (1) under inspection shall afford the Authority access to, and shall produce, its books, accounts and documents and shall give such information and facilities as may be required to conduct the inspection.
(4) Any person appointed by the Authority shall, at all times, have the power to copy or take possession of the books, accounts and other documents of a futures broker, a Futures Exchange, a clearing house, a futures pool operator and a futures trading adviser.
(5) Any person who or body which, without reasonable excuse, fails to produce any book, account or document or furnish any information or facilities in accordance with subsection (3) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $20,000 or to imprisonment for a term not exceeding 2 years or to both.