V-1 - Securities Act

Full text
59. Any failure or refusal, without reasonable excuse, to do anything required by section 58:
(a)  shall authorize the Commission to decide without further evidence, that a fraudulent act has been committed, and by whom, respecting the operation under investigation;
(b)  shall constitute, for the purposes of a prosecution for an offence against section 58, prima facie evidence that such offence has been committed.
R. S. 1964, c. 274, s. 42.