Power to require statutory declarations Clause Samples

The 'Power to require statutory declarations' clause grants an authority or party the right to request formal statements, sworn under oath, from individuals regarding specific facts or circumstances. In practice, this means that a person may be compelled to provide a legally binding declaration affirming the truth of information relevant to a transaction, compliance, or investigation. This clause ensures that parties can obtain reliable, sworn evidence when needed, thereby supporting due diligence, verifying compliance, or resolving disputes.