Cap. 637 · Crowdfunding Service Providers Act (Cap. 637)
Cap. 637 чл. 20Power to appoint inspectors. Cap. 281.
PART IV
(1) The competent authority may, whenever it deems it necessary or expedient, appoint an inspector to investigate and report on the affairs of any persons referred to in article 19(1)(i) to (iii).
(2) An inspector appointed under sub-article (1):
(a) may, if he thinks it necessary or expedient for the purposes of an investigation, investigate the affairs of any person mentioned in sub-article (1);
(b) shall have and may exercise all the powers conferred on the competent authority by article 18, and any requirement made by him shall be deemed to be and have the same force and effect as a requirement of the competent authority;
(c) may, and if so directed by the competent authority shall, make interim reports and on the conclusion of his investigation shall make a final report to the competent authority.
(3) In appointing an inspector under sub-article (1), the competent authority may direct that the investigation shall be carried out within such time and shall be confined to such specific or general matters as the competent authority may deem fit.
(4) For the purposes of this article, inspectors may include an advocate, a person authorised to carry on the profession of accountant or auditor in terms of the Accountancy Profession Act, or a person considered by the competent authority as possessing suitable expertise to exercise such function.
(5) The competent authority shall have the power to order that all expenses of, and incidental to, an investigation carried out pursuant to this article be paid by the person referred to in sub-article (1).