224 Scheme manager’s power to inspect documents held by Official Receiver etc.E+W+S+N.I.
(1)If, as a result of the insolvency or bankruptcy of a relevant person, any documents have come into the possession of a person to whom this section applies, he must permit any person authorised by the scheme manager to inspect the documents for the purpose of establishing—
(a)the identity of persons to whom the scheme manager may be liable to make a payment in accordance with the compensation scheme; or
(b)the amount of any payment which the scheme manager may be liable to make.
(2)A person inspecting a document under this section may take copies or extracts from the document.
(3)In this section “relevant person” means a person who was—
(a)an authorised person at the time the act or omission which may give rise to the liability mentioned in subsection (1)(a) took place; or
(b)an appointed representative at that time.
(4)But a person who, at that time—
(a)qualified for authorisation under Schedule 3, and
(b)fell within a prescribed category,
is not to be regarded as a relevant person for the purposes of this section in relation to any activities for which he had permission as a result of any provision of, or made under, that Schedule unless he had elected to participate in the scheme in relation to those activities at that time.
(5)This section applies to—
(a)the Official Receiver;
(b)the Official Receiver for Northern Ireland; and
(c)the Accountant in Bankruptcy.
Annotations are used to give authority for changes and other effects on the legislation you are viewing and to convey editorial information. They appear at the foot of the relevant provision or under the associated heading. Annotations are categorised by annotation type, such as F-notes for textual amendments and I-notes for commencement information (a full list can be found in the Editorial Practice Guide). Each annotation is identified by a sequential reference number. For F-notes, M-notes and X-notes, the number also appears in bold superscript at the relevant location in the text. All annotations contain links to the affecting legislation.
Modifications etc. (not altering text)