(1) Where a person fails or neglects to produce the records required to be produced under this Part to the Central Bank, the Central Bank may make an ex parte application to the High Court for an order authorizing an officer of the Central Bank with a police officer, to —
(a) enter and search any premises named in the order for the records that the person failed or neglected to produce;
(b) seize and take possession of the records; and
(c) where applicable, make copies of any records seized.
(2) The High Court may issue the order, if satisfied on oath of an officer of the Central Bank that —
(a) the Central Bank requires a person to produce any records under this Act; and
(b) the person from whom the production of the records is required has failed or neglected to produce the records.