123   Inspection etc of reserve trust

(1)  The Minister may appoint a person to inquire into, or carry out an audit of, any of the affairs of a reserve trust.

(2)  The person appointed may, for the purposes of the inquiry or audit:

(a)  inspect and take copies of or extracts from any records (including accounting records) of the trust, or

(b)  require any person concerned in the management of the trust to give information and answer questions relating to the affairs of the trust.

(3)  The power of the appointed person to inspect the records of a reserve trust includes the power to inspect any records of a lessee or licensee which the trust has power to inspect under the lease or licence.

(4)  A person shall not:

(a)  refuse or fail without lawful excuse to allow the appointed person access to records to which the person is entitled,

(b)  refuse or fail without lawful excuse to give information or answer questions, as required by the appointed person, or

(c)  wilfully obstruct or delay the appointed person in the exercise of a function under this section.

Maximum penalty—subsection (4): 5 penalty units.