(1) Either the Governor of the Bank or the Chief Executive of the Regulatory Authority may, in writing, authorise an employee of the Bank or a suitably qualified person to investigate the business or any aspect of the business of the holder of a licence or of a related body.
(2) An authorised person may, at all reasonable times on production of evidence of the person's authorisation, enter any premises at which the holder of a licence or a related body carries on business or where the person reasonably believes records relating to the business of the holder of a licence or related body are kept.
(3) An authorised person who has entered premises in accordance with subsection (2) may exercise all or any of the following powers:
(a) inspect the premises;
(b) request any person on the premises who apparently has control of, or access to, records to produce the records for inspection;
(c) inspect records produced in accordance with such a request or found in the course of inspecting th