27 Lord Advocate’s direction.U.K.
(1)Where it appears to the Lord Advocate—
(a)that a suspected offence may involve serious or complex fraud; and
(b)that, for the purpose of investigating the affairs or any aspect of the affairs of any person, there is good reason to do so,
he may give a direction under this section.
(2)The Lord Advocate may also give a direction under this section by virtue of section 4(2B) of the M1Criminal Justice (International Co-operation) Act 1990 or on a request being made to him by the Attorney-General of the Isle of Man, Jersey or Guernsey acting under legislation corresponding to this Part of this Act.
(3)Where a direction is given under this section, this Part of this Act shall apply as regards the investigation of the offence; and any person (other than a constable) nominated by the Lord Advocate either generally or in respect of a particular case (in this Part of this Act referred to as “a nominated officer”) shall be entitled to exercise the powers and functions conferred by this Part of this Act.
(4)A direction under this section shall be signed by the Lord Advocate.