s 18 Power to obtain information
18.—(1) The Registrar may, by written notice, direct any newspaper company to obtain from any of its shareholders and to transmit to the Registrar information —(a) as to whether that shareholder holds any share in the newspaper company as beneficial owner or as trustee; and (b) if the shareholder holds the share as trustee, to indicate, so far as the shareholder can, the person for whom the shareholder holds the share (either by name or by other particulars sufficient to enable that person to be identified) and the nature of that person’s interest, and the newspaper company must comply with that direction within any time that may be specified in the notice. (2) The Registrar may, by written notice, require any person (A) who is a shareholder of a newspaper company, or who appears from the information provided to the Registrar under subsection (1) or this subsection to have an interest in any share in a newspaper company, to inform the Registrar —(a) whether A holds that interest as beneficial owner or as trustee, and if A holds the interest as trustee, to indicate, so far as A can, the person (B) for whom A holds the interest (either by name or by other particulars sufficient to enable B to be identified) and the nature of B’s interest; or (b) whether any share or any voting right attached to the share is the subject of an agreement or arrangement described in section 11(3) or (4) or 12(4)(c)(ix), and if so, to give particulars of the agreement or arrangement and the parties to it, and A must comply with that notice within any time that may be specified in the notice. (3) Any person who —(a) fails to comply with a notice under this section; or (b) in purported compliance of the notice, knowingly or recklessly makes a statement which is false in a material particular, shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 or to imprisonment for a term not exceeding 3 years or to both and, in the case of a continuing offence, to a further fine not exceeding $5,000 for every day or part of a day during which the offence continues after conviction.