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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 8 October 2014 - onwards
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Regulation 24 Revocation of appointment of assessor

(1) Where the Bank is satisfied that an assessor has contravened paragraph (2) or is incapacitated, the Bank may revoke the appointment of the assessor at any time.

(2) An assessor (including a person proposed for appointment as an assessor) shall -

(a) disclose to the Bank any material interest that the assessor may have in any matter that may arise during the assessment,

(b) disclose to the Bank any actual or potential conflict of interest that the assessor may have in conducting an assessment,

(c) not use any information obtained during an assessment for any purpose other than the performance of the assessor’s functions under this Part,

(d) not engage in misconduct during the assessment,

(e) perform the assessor’s functions in accordance with the procedures and requirements set out in this Part, and

(f) not issue an assessment that is contrary to law.

Comparing proposed amendment...