Explanatory Notes

Financial Services and Markets Act 2000

2000 CHAPTER 8

14 June 2000

Commentary on Sections

Part I: the Regulator

Section 16: Powers of appointed person and procedure

51.This section gives the person holding the inquiry discretion as to how the inquiry is conducted, and provides that person with powers to obtain evidence, both in the form of documents and through the examination of witnesses.  These powers are the same as those exercisable by the High Court, or the Court of Session in Scotland.