PART 5Regulation of payment systems
Information and investigation powers
I1C1C281Power to obtain information or documents
1
The Payment Systems Regulator may by notice in writing require a person to provide information or documents—
a
which the Payment Systems Regulator thinks will help the Treasury in determining whether to make a designation order, or
b
which the Payment Systems Regulator otherwise requires in connection with its functions under this Part.
2
In particular, a notice under subsection (1) may require a participant in a regulated payment system to notify the Payment Systems Regulator if events of a specified kind occur.
3
A notice under subsection (1) may require information or documents to be provided—
a
in a specified form or manner;
b
at a specified time;
c
in respect of a specified period.