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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 1996 - onwards
Version 3 of 3

66. Appointment of inspector by Court.

(1) Without prejudice to the powers of a supervisory authority under this Act, where the supervisory authority is of the opinion that it is in the interest of the proper and orderly regulation and supervision of investment business firms or the protection of investors that an investigation should be held into the affairs of an investment business firm, the supervisory authority may apply to the Court and the Court, as it thinks proper, may appoint one or more inspectors to investigate the affairs of that investment business firm and, where necessary, any subsidiary or other associated or related undertaking and to report thereon in such manner as the Court directs.