# Companies (Audit, Investigations and Community Enterprise) Act 2004, Section 42: Investigation


(1) The Regulator may—
(a) investigate the affairs of a community interest company, or
(b) appoint any person (other than a member of the Regulator’s staff) to investigate the affairs of a community interest company on behalf of the Regulator.
(2) Subsection (1)(b) is in addition to paragraph 5 of Schedule 3 (powers of Regulator exercisable by authorised members of staff) and does not affect the application of that paragraph to the Regulator’s power under subsection (1)(a).
(3) Schedule 7 (further provision about investigations under this section) has effect.

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Source: https://www.legislation.gov.uk/ukpga/2004/27/section/42 (the official version)
Page: https://openlegislation.uk/companies-audit-investigations-and-community-enterprise-act-2004/section-42
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.