167 Appointment of persons to carry out general investigations
167 Appointment of persons to carry out general investigations

(1)     If it appears to [an investigating authority] that there is good reason for doing so, the investigating authority may appoint one or more competent persons to conduct an investigation on its behalf into—

(a)     the nature, conduct or state of the business of [a recognised investment exchange or] an authorised person or of an appointed representative;

(b)     a particular aspect of that business; or

(c)     the ownership or control of [a recognised investment exchange or] an authorised person.

(2)     If a person appointed under subsection (1) thinks it necessary for the purposes of his investigation, he may also investigate the business of a person who is or has at any relevant time been—