SCHEDULE 10 Ancillary Provisions Relating to Boards

SCHEDULE 10 Ancillary Provisions Relating to Boards

Section 90

Acting through subsidiaries

1

(1)     A section 87 order may include provision—

(a)     enabling the board to establish subsidiaries, and

(b)     enabling or requiring the board to carry out specified functions through subsidiaries.

(2)     “Subsidiary†means a subsidiary as defined by [section 1159 of the Companies Act 2006].

Registers, returns and other information

2

(1)     A section 87 order may include provision—

(a)     with respect to registration in a register kept by the board of persons carrying on business in a specified industry;

(b)     requiring the register to be made available (in accordance with the order) for inspection by the public;

(c)     under which any right to inspect the register is subject to the payment of a reasonable fee.

(2)     A section 87 order may include provision conferring power on the board to require persons carrying on business in a specified industry to supply to the board returns and other information.

Investigative powers

3

(1)     A section 87 order may include provision conferring a power of entry on authorised officers for the purpose of enabling them to carry out functions of the board.

(2)

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