PART III

Duty of the Commission during the prescribed period

Verification of recordable transactions involving Northern Ireland participants9

1

The Commission must take the following steps in relation to each selected Northern Ireland transaction.

2

In relation to a Northern Ireland report made in respect of a selected Northern Ireland transaction, and any documentation provided with it, the Commission must take reasonable steps to ascertain whether—

a

the information provided in the report in relation to that transaction is accurate; and

b

any documentation provided with the report in relation to that transaction is genuine.

3

The steps taken by the Commission under paragraph (2) may include, but are not limited to, contacting a body set out in article 11.