11.
| (1) The Director or any officer authorized by him may require any person or a body of persons to furnish him with such information as he may consider necessary to ascertain whether such person or body of persons is carrying on finance business, and for this purpose, may require the production of, and examine any books or records relating to such person or body of persons, and if he is of the, opinion that such person or body of persons Is carrying on finance business, report such fact to the Board- |
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| (2) If the Board, on consideration of a report under subsection (1), determines that a person, or body, of persons is carrying on finance business, it shall require such person or body of persons to comply with the requirement of the Act within a specified period of time, and where it fails to do so, shall have the power to give directions and take such steps as it considers necessary to safeguard depositors, including the power to wind up persons or a body of persons, in which event the provisions of section 18 shall, mutatis mutandis, apply. |
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| (3) Any person or body of persons required to furnish information or to produce any books or records under subsection (1) shall furnish such information or produce such books, or records, documents to an officer authorized by the Director and shall comply with any directions or requirements made under subsection (2). |
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| (4) Without prejudice to the generality of subsection (1), the Board may require any person or a body of persons to furnish information as may be necessary to ascertain whether any sum of money accepted, borrowed or solicited by such person or body of persons is a deposit, |
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Sri Lanka Consolidated Acts