Part I The Regulator

Inquiries

16 Powers of appointed person and procedure.

1

The person appointed to hold an inquiry under section 15 may—

a

obtain such information from such persons and in such manner as he thinks fit;

b

make such inquiries as he thinks fit; and

c

determine the procedure to be followed in connection with the inquiry.

2

The appointed person may require any person who, in his opinion, is able to provide any information, or produce any document, which is relevant to the inquiry to provide any such information or produce any such document.

3

For the purposes of an inquiry, the appointed person has the same powers as the court in respect of the attendance and examination of witnesses (including the examination of witnesses abroad) and in respect of the production of documents.

4

“Court” means—

a

the High Court; or

b

in Scotland, the Court of Session.