Part XIV Investigation of Companies and Their Affairs; Requisition of Documents

F1Powers of Secretary of State to give directions to inspectors

Annotations:
Amendments (Textual)
F1

Ss. 446A, 446B and preceding cross-heading inserted (1.10.2007) by Companies Act 2006 (c. 46), ss. 1035(1), 1300; S.I. 2007/2194, art. 2(1)(k) (with art. 12, Sch. 3 para. 48)

C1446AGeneral powers to give directions

1

In exercising his functions an inspector shall comply with any direction given to him by the Secretary of State under this section.

2

The Secretary of State may give an inspector appointed under section 431, 432(2) or 442(1) a direction—

a

as to the subject matter of his investigation (whether by reference to a specified area of a company's operation, a specified transaction, a period of time or otherwise), or

b

which requires the inspector to take or not to take a specified step in his investigation.

3

The Secretary of State may give an inspector appointed under any provision of this Part a direction requiring him to secure that a specified report under section 437—

a

includes the inspector's views on a specified matter,

b

does not include any reference to a specified matter,

c

is made in a specified form or manner, or

d

is made by a specified date.

4

A direction under this section—

a

may be given on an inspector's appointment,

b

may vary or revoke a direction previously given, and

c

may be given at the request of an inspector.

5

In this section—

a

a reference to an inspector's investigation includes any investigation he undertakes, or could undertake, under section 433(1) (power to investigate affairs of holding company or subsidiary);

b

specified” means specified in a direction under this section.