62 Powers to obtain information and documents etc

Information

62  Powers to obtain information and documents etc

(1)     This section applies to information, documents or other material, or explanations of matters which relate to—

(a)     the activities or the plans for future development of a friendly society; or

(b)     the activities or the plans for future development of a subsidiary of or body jointly controlled by an incorporated friendly society;

and, in relation to the imposition of requirements under this section, “the purposes of its supervisory functions” means the purposes of the discharge by the [FCA or the PRA] of any of its functions under this Act.

(2)     This section does not authorise any requirement in relation to information, documents or other material to be imposed on a subsidiary of or body jointly controlled by an incorporated friendly society unless that subsidiary or body carries on business in the United Kingdom; but a requirement may be imposed under this section on a friendly society in relation to information, documents or other material in the possession or control of a subsidiary of or body jointly controlled by the society which does not carry on business in the United Kingdom.

(3)     Subject to subsection (2) above, the [FCA

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