Part VI Official Listing

F1Power of F2FCA to call for information

89IRequirements in connection with call for information

(1)

The F2FCA may require any information provided under section 89H to be provided in such form as it may reasonably require.

(2)

The F2FCA may require—

(a)

any information provided, whether in a document or otherwise, to be verified in such manner as it may reasonably require;

(b)

any document produced to be authenticated in such manner as it may reasonably require.

(3)

If a document is produced in response to a requirement imposed under section 89H, the F2FCA may—

(a)

take copies of or extracts from the document; or

(b)

require the person producing the document, or any relevant person, to provide an explanation of the document.

(4)

In subsection (3)(b) “relevant person”, in relation to a person who is required to produce a document, means a person who—

(a)

has been or is a director or controller of that person;

(b)

has been or is an auditor of that person;

(c)

has been or is an actuary, accountant or lawyer appointed or instructed by that person; or

(d)

has been or is an employee of that person.

(5)

If a person who is required under section 89H to produce a document fails to do so, the F2FCA may require him to state, to the best of his knowledge and belief, where the document is.