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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 7 December 2021 - onwards
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558ZN. Director’s power to examine books and records

(1) In this section -

'appropriate person' in relation to the eligible company referred to in subsection (2), means any of the following -

(a) the eligible company,

(b) irrespective of the time at which he or she holds or held such status -

(i) a process adviser of the eligible company,

(ii) an officer of the eligible company, or

(iii) a receiver appointed to any property of the eligible company;

'books and records' means the books and records of the eligible company and, in addition, in the case of a request made of a process adviser, the books and records of the process adviser.

(2) At any time during the rescue period relating to an eligible company or after its conclusion, the Director may, where he or she considers it necessary or appropriate, request (specifying the reason why the request is being made) an appropriate person to produce to the Director the books and records for examination, and the appropriate person shall comply with the request.

(3) In the case of a request of a

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