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PART 3 FINANCIAL SERVICES COMPENSATION SCHEME

FSCS's power to require informationF1

16.—(1) The FSCS may, by notice in writing given to Deposits Management (Heritable), require it –

(a)to provide specified information or information of a specified description; or

(b)to produce specified documents or documents of a specified description.

(2) Paragraph (1) only applies to information and documents the provision or production of which the FSCS considers to be necessary (or likely to be necessary) for the exercise of its functions under or by virtue of this Order.

(3) Subsections (2), (4), (5) and (7) of section 219 of the 2000 Act (scheme manager's power to require information) apply to a requirement imposed under paragraph (1) as if it were a requirement imposed under that section.

Textual Amendments applied to the whole legislation