Takeovers Act 1993

Investigation and enforcement - Investigation and enforcement by Panel - Panel's powers of inspection

31BB: Requirements for persons authorised to inspect documents

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"Who can look at important documents and what they need to show"

Illustration for Takeovers Act 1993

You need to be suitably qualified or trained to inspect documents under section 31A. The Panel or Registrar checks if you are qualified before they let you inspect documents. You must show proof of your authority to inspect documents if someone asks you. You are given permission by the Panel or Registrar to inspect documents under section 31A. When you inspect documents, you may be asked to show evidence that you are allowed to do so. You must produce this evidence when asked.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM325899.

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31BA: Limits on exercise of power to inspect documents, or

"Rules for Checking Documents"


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31C: Disclosure of information from inspection, or

"Sharing information found during an inspection"

Part 3Investigation and enforcement
Investigation and enforcement by Panel: Panel's powers of inspection

31BBRequirements for persons authorised to inspect documents

  1. The Panel or Registrar must not authorise a person to carry out an inspection under section 31A unless the Panel or Registrar is satisfied that the person is suitably qualified or trained, or the person is a member of a class of persons who are suitably qualified or trained, to carry out an inspection.

  2. A person authorised by the Panel or Registrar to carry out an inspection under section 31A must, if requested at the time of carrying out the inspection, produce evidence of that person's authority to carry out the inspection.

Notes
  • Section 31BB: inserted, on , by section 22 of the Takeovers Amendment Act 2002 (2002 No 45).