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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2013 - onwards
  Version 7 of 7    

67. Inspections: supplementary provision

(1) In this section -

"the body under investigation" means - (i) the friendly society whose affairs are the subject of the investigation, or (ii) the friendly society, and each subsidiary of or body jointly controlled by the society, whose affairs are so subject, as the case may be;

"the inspectors" means the person appointed by the FCA or the PRA under section 66 above to conduct the investigation;

"the investigation" means the investigation under section 66 above which the inspectors have been appointed to hold;

and references to officers, employees or agents include past, as well as present, officers, employees or agents; and "agents", in relation to a friendly society or any subsidiary of or body jointly controlled by an incorporated friendly society, includes its bankers, accountants, solicitors and auditors and the appropriate actuary.

(2) When the inspectors have been appointed, it is the duty of all officers, employees and agents of the body under investigation -

(a) to p

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