(1)A functional body shall, at the request of the Mayor or the Assembly, provide the Authority with such information relating to the financial affairs of the body as may be specified or described in the request.
(2)The information shall be provided in such form and manner, and within such time, as may be specified in the request.
(3)The information that may be requested under subsection (1) above is such information as may be required for the purpose of any functions exercisable by the Mayor or the Assembly.
(4)The information that may be requested under subsection (1) above from a functional body includes—
(a)information which the body has or can reasonably obtain; and
(b)information about the body’s plans or proposals relating to the finances or expenditure of the body or of any company in which the body has an interest.