[166 Reports by skilled persons]
[166 Reports by skilled persons]

[(1)     This section applies where either regulator has required or could require a person to whom subsection (2) applies (“the person concerned”) to provide information or produce documents with respect to any matter (“the matter concerned”).

(2)     This subsection applies to—

(a)     an authorised person (“A”),

(b)     any other member of A's group,

(c)     a partnership of which A is a member, or

(d)     a person who has at any relevant time been a person falling within paragraph (a), (b) or (c),

who is, or was at the relevant time, carrying on a business.

(3)     The regulator mentioned in subsection (1) may either—

(a)     by notice in writing given to the person concerned, require the person concerned to provide the regulator with a report on the matter concerned, or