xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"

Part IIU.K. The Deposit Protection Scheme

Modifications etc. (not altering text)

C1Pt. II (ss. 50-66) modified (1.7.1995temp. to 31.12.1999) by S.I. 1995/1442, reg. 54(2).

Pt. II (ss. 50-66) continued for certain purposes (subject to modifications) (1.12.2001) by S.I. 2001/2967, arts. 1(2), 9, 11, Sch. 1 Pt. 1; S.I. 2001/3538, art. 2(1)

Supplementary provisionsU.K.

65 Power to obtain information.U.K.

(1)If required to do so by a request in writing made by the Board, the Bank may by notice in writing served on a contributory institution require the institution, within such time and at such place as may be specified in the notice, to provide the Board with such information and to produce to it such documents, or documents of such a description, as the Board may reasonably require for the purpose of determining the contributions of the institution under this Part of this Act.

(2)Subsections (4), (5), (11) and (13) of section 39 above shall have effect in relation to any requirement imposed under subsection (1) above as they have effect in relation to a requirement imposed under that section.

(3)The Board may by notice in writing served on the liquidator of an insolvent institution or on the administrator of an institution under Part II of the M1Insolvency Act 1986 [F1or Part III of the Insolvency (Northern Ireland) Order 1989] require him, at such time or times and at such place as may be specified in the notice—

(a)to provide the Board with such information; and

(b)to produce to the Board such documents specified in the notice,

as the Board may reasonably require to enable it to carry out its functions under this Part of this Act.

(4)Where, as a result of an institution having become insolvent, any documents have come into the possession of the Official Receiver or, in Northern Ireland, the Official Assignee for company liquidations or in bankruptcy, he shall permit any person duly authorised by the Board to inspect the documents for the purpose of establishing—

(a)the identity of those of the institution’s depositors to whom the Board are liable to make a payment under section 58 above; and

(b)the amount of the protected deposit held by each of the depositors.

Textual Amendments

Marginal Citations