PART XIVInvestigation of Companies and Their Affairs ; Requisition of Documents

Other powers of investigation available to the Secretary of State

445Power to impose restrictions on shares and debentures

(1)If in connection with an investigation under either section 442 or 444 it appears to the Secretary of State that there is difficulty in finding out the relevant facts about any shares (whether issued or to be issued), he may by order direct that the shares shall until further order be subject to the restrictions of Part XV of this Act.

(2)This section, and Part XV in its application to orders under it, apply in relation to debentures as in relation to shares.