(1) The competent authority may by notice in writing require any recognised supervisory body to give the competent authority such information as it may reasonably require for the exercise of its functions under this Part, the Statutory Auditors and Third Country Auditors Regulations 2016 or the Audit Regulation.
(2) The competent authority may require that any information which it requires under this section is to be given within such reasonable time and verified in such manner as it may specify.