Financial Services (Banking Reform) Act 2013 Explanatory Notes

Section 15: Power to require information

100.Section 15 gives the Treasury power by written notice to require the scheme manager to provide specified information needed by the Treasury in connection with its duties under the Government Resources and Accounts Act 2000 (such as its duty to prepare consolidated accounts for the public sector, and to consolidate information relating to the financial services compensation scheme in its departmental accounts). Subsection (2) requires such information to be provided before the end of a reasonable period specified in the notice.

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