(1) The Commissioner
may exercise the power in subsection (2) if the Commissioner is of the opinion
that it is desirable to do so because of the circumstances, or the alleged
circumstances, of a dealer’s business.
(2) The Commissioner
any time order that a special audit of a trust account of a dealer shall be
carried out by a registered company auditor at the expense of the dealer; and
that purpose —
appoint the auditor; and
specify the information that is to be furnished, and the
time within which the auditor is to report, to the Commissioner.
(3) Where an order is
made under subsection (2) in respect of a trust account of a dealer, the
dealer shall do all things that are necessary to be done on his part to enable
the audit to be completed.
Penalty: $5 000.
[Section 32J inserted: No. 4 of 2002 s. 57;
amended: No. 58 of 2011 s. 50.]