Offences, Penalties and Administrative Fines
- Any person summoned in terms of section 81 to attend and give evidence or to produce any book, document or object before the Regulator who, without sufficient cause fails—
- to attend at the time and place specified in the summons;
- to remain in attendance until conclusion of the proceedings or until he or she is excused by the Chairperson of the Regulator from further attendance;
- having attended, refuses to be sworn or to make an affirmation as witness after he or she has been required by the Chairperson of the Regulator to do so;
- having been sworn or having made an affirmation, to answer fully and satisfactorily any question lawfully put to him or her; or
- to produce any book, document or object in his or her possession or custody or under his or her control, which he or she has been summoned to produce,
- is guilty of an offence.
- Any person who after having been sworn or having made an affirmation, gives false evidence before the Regulator on any matter, knowing such evidence to be false or not knowing or believing it to be true, is guilty of an offence.