(1) The Bank of England may appoint one or more persons to inspect the performance by a recognised person of a relevant function in relation to a wholesale cash distribution activity.
(2) A recognised person who performs a relevant function in relation to a wholesale cash distribution activity must -
(a) grant an inspector access, on request and at any reasonable time, to premises on or from which any part of the function is performed, and
(b) otherwise co-operate with an inspector.