General

350SPower for Department to obtain information

1

A person mentioned in paragraph (2) must give the Department such information as the Department may by notice in writing require for the exercise of the Department’s functions under this Part.

2

Those persons are—

a

a recognised professional body;

b

any individual who is or has been authorised under Article 349A to act as an insolvency practitioner;

c

any person who is connected to such an individual.

3

A person is connected to an individual who is or has been authorised to act as an insolvency practitioner if, at any time during the authorisation—

a

the person was an employee of the individual;

b

the person acted on behalf of the individual in any other way;

c

the person employed the individual;

d

the person was a fellow employee of the individual’s employer;

e

in a case where the individual was employed by a firm, partnership or company, the person was a member of the firm or partnership or (as the case may be) a director of the company.

4

In imposing a requirement under paragraph (1) the Department may specify—

a

the time period within which the information in question is to be given; and

b

the manner in which it is to be verified.