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(1)The Commission may require a depository or its agent to disclose to the Commission

(a) the acquisition or disposal of deposited securities and the nature of the instructions given to the central securities depository or its central agent in respect of the acquisition or disposal,

(b) information regarding the disposal of the securities account numbers and entries made in the securities account, and

(c) the book-entry securities acquired or disposed of by a depositor as trustee for or on behalf of another person, including the name of the person and the nature of instructions given to the depositor in respect of the acquisition and disposal.

(2) A person who, contravenes subsection (1) commits an offence and is liable on summary conviction to a fine of five hundred penalty units or to a term of imprisonment not exceeding three years or to both.