Section 206O InspectionF1
(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.
Annotations
Textual amendments
- F1
Pt. 5A inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(d), Sch. 9 para. 1