7After subsection (1) of section 437 of the Companies Act 1985 there shall be inserted—
“(1A)Any persons who have been appointed under section 431 or 432 may at any time and, if the Secretary of State directs them to do so, shall inform him of any matters coming to their knowledge as a result of their investigations.”;
and subsection (2) of section 433 of that Act shall be omitted.