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Section 17 – The Rehabilitation Finance Administration Act,1948

The Rehabilitation Finance Administration Act,1948

Section 17. Power of inspection

(1) The Chief Administrator or any other officer authorized by him in writing in this behalf may, by order, require any borrower to furnish such information or to produce such books of account and other documents for inspection at such time and place as may be specified in the order and the borrower shall comply with such order.

(2) The Chief Administration or such officer may inspect such books of account or documents produced and take extracts therefrom.

(3) The Chief Administrator of the officer making the inspection or any person working under his order shall not communicate or allow to be communicated to any person not legally entitled thereto any information relating to the affairs of the borrower.

(4) If any person contravenes the provisions of sub-section (1) or sub-section (3) he shall be punishable with imprisonment which may extend to six months or with fine which may extend to five thousand rupees or with both.

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The Rehabilitation Finance Administration Act,1948

Indian Laws – Bare Acts


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