Part 4Regulation of approved regulators
Information
55Provision of information to the Board
1
The Board may, by notice, require an approved regulator—
a
to provide any information, or information of a description, specified in the notice, or
b
to produce documents, or documents of a description, specified in the notice.
2
A notice under subsection (1)—
a
may specify the manner and form in which any information is to be provided;
b
must specify the period within which any information is to be provided or document is to be produced;
c
may require any information to be provided, or document to be produced, to the Board or to a person specified in the notice.
3
The Board may, by notice, require a person representing the approved regulator to attend at a time and place specified in the notice to provide an explanation of any information provided or document produced under this section.
4
The Board may pay to any person such reasonable costs as may be incurred by that person in connection with—
a
the provision of any information, or the production of any document, by that person pursuant to a notice under subsection (1), or
b
that person's compliance with a requirement imposed under subsection (3).
5
The Board, or a person specified under subsection (2)(c), may take copies of or extracts from a document produced pursuant to a notice under subsection (1).
6
For the purposes of this section and section 56, references to an approved regulator include a body which was, but is no longer, an approved regulator.