Part XV The Financial Services Compensation Scheme

Information and documents

220 Scheme manager’s power to inspect information held by liquidator etc.

(1)

For the purpose of assisting the scheme manager to discharge its functions in relation to a claim made in respect of an insolvent relevant person F1or insolvent relevant exchange, a person to whom this section applies must permit a person authorised by the scheme manager to inspect relevant documents.

(2)

A person inspecting a document under this section may take copies of, or extracts from, the document.

(3)

This section applies to—

(a)

the administrative receiver, administrator, liquidator F2, bank liquidatorF3, building society liquidator or trustee in bankruptcy of an insolvent relevant person F4or insolvent relevant exchange;

(b)

the F5trustee in the sequestration, under the Bankruptcy (Scotland) Act 2016, of the estate of an insolvent relevant person F6or insolvent relevant exchange.

(4)

This section does not apply to a liquidator, administrator or trustee in bankruptcy who is—

(a)

the Official Receiver;

(b)

the Official Receiver for Northern Ireland; or

(c)

the Accountant in Bankruptcy.

(5)

“Relevant person” F7and “relevant exchange” F8have the same meaning as in section 224.