[166A Appointment of skilled person to collect and update information]
[166A Appointment of skilled person to collect and update information]

[(1)     This section applies if either regulator considers that an authorised person has contravened a requirement in rules made by that regulator to collect, and keep up to date, information of a description specified in the rules.

(2)     The regulator may either—

(a)     require the authorised person to appoint a skilled person to collect or update the information, or

(b)     itself appoint a skilled person to do so.

(3)     References in this section to a skilled person are to a person—

(a)     appearing to the regulator to have the skills necessary to collect or update the information in question, and