Article 4 Investigations by the Bank
In the exercise of the powers to obtain evidence and information described in the Schedule to this Order the Treasury may authorise the Bank to serve a notice in writing on a relevant institution requesting it to furnish to the Bank, within such period as may be specified therein, any information in its possession or control, and to produce to the Bank any document in its possession or control concerning any time on or after 6th August 1990—
relating to any funds held by the relevant institution which it knows, believes or suspects are funds to which an Iraqi person is entitled; or
required to enable the Bank to ascertain whether funds held by it are funds to which an Iraqi person is entitled; or
relating to any funds held by the relevant institution to which an Iraqi person is entitled which it knows, believes or suspects represent amounts derived from or attributable to a relevant transaction; or
required to enable the Bank to ascertain whether any funds held by it to which an Iraqi person is entitled represent amounts derived from or otherwise attributable to a relevant transaction.
Without prejudice to the generality of the foregoing, a notice may request the furnishing of information or the production of documents concerning the balance on an account held with a relevant institution at any time on or after 6th August 1990, any transactions on the account on or after 6th August 1990 and the names of the drawers and holders of cheques in respect of monies credited to and debited from the account together with the names of the paying or collecting institutions, the numbers of the relevant accounts in other institutions to or from which payments have been credited or debited and the names of the persons by whom such accounts are held.
A notice may be given under paragraph (1) to relevant institutions individually or to particular classes of relevant institutions.