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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 21 March 2016 - onwards
  Version 3 of 3    

Regulation 123 Powers of Bank

(1) The Bank shall have all supervisory and investigatory powers that are necessary for the exercise of their functions. Such powers shall be exercised -

(a) directly,

(b) in collaboration with other authorities,

(c) under the responsibility of the competent authorities, by delegation to entities to which tasks have been delegated, or

(d) by application to the courts.

(2) Under paragraph (1), the Bank shall have the power, at least, to -

(a) access any document in any form and receive a copy of such document,

(b) require any person to provide information and, if necessary, to summon and question a person with a view to obtaining information,

(c) carry out on-site inspections,

(d) require the following:

(i) in so far as permitted by the law of the State, existing data traffic records held by a telecommunications operator, where -

(I) there is a reasonable suspicion of an infringement of these Regulations, and

(II) such records may be relevant to an investigation into the infringement;

(

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