[F1131EPower to require informationU.K.
(1)The Authority may, by notice in writing, require a person (“P”)—
(a)to provide specified information or information of a specified description; or
(b)to produce specified documents or documents of a specified description.
(2)This section applies only to information and documents that the Authority reasonably requires for the purpose of determining whether P, or a person connected with P, has contravened any provision of short selling rules.
(3)Information or documents required under this section must be provided or produced—
(a)before the end of such reasonable period as may be specified; and
(b)at such place as may be specified.
(4)The Authority may require any information provided under this section to be provided in such form as it may reasonably require.
(5)The Authority may require—
(a)any information provided, whether in a document or otherwise, to be verified in such manner as it may reasonably require; or
(b)any document produced to be authenticated in such manner as it may reasonably require.
(6)In this section “specified” means specified in the notice.
(7)For the purposes of this section a person is connected with another person (“P”) if the person is or has at any relevant time been—
(a)a member of P's group;
(b)a controller of P;
(c)any other member of a partnership of which P is a member; or
(d)in relation to P, a person mentioned in Part 1 of Schedule 15 (reading references in that Part to the authorised person as references to P).]
Textual Amendments
F1Pt. 8A inserted (8.6.2010) by Financial Services Act 2010 (c. 28), ss. 8, 26(2)(b)