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61.—(1) The TRA may conduct a hearing at any time during an investigation either—
(a)at the request of any interested party; or
(b)on its own initiative.
(2) The TRA must notify interested parties and contributors of any processes and procedures to be adopted at a hearing in advance of it taking place.
(3) When deciding whether and how to conduct a hearing, the TRA must have regard to—
(a)the need to preserve the confidentiality of information it is treating as confidential in accordance with regulation 45(3) or (4); and
(b)whether holding a hearing and whether such processes and procedures it proposes to adopt at a hearing would be convenient to interested parties and contributors.
(4) The TRA must allow interested parties and contributors to present their views by written and oral statements (see regulation 47(3)).
(5) Where the TRA decides to conduct a hearing, it—
(a)must give sufficient notice of the hearing to interested parties and contributors;
(b)must allow interested parties and contributors to attend; and
(c)may request that an interested party or a contributor intending to attend to supply the TRA with the information they wish to rely on at the hearing.
(6) Where the TRA makes a request referred to in paragraph (5)(c), it must set a time limit by which such a request must be complied with.
(7) An interested party or a contributor is not under an obligation to attend a hearing.
(8) The TRA must not determine that an interested party who fails to attend a hearing is a non-cooperative party (see regulation 49) or that such failure to attend is otherwise prejudicial to its interests.
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