SCHEDULE 5OTHER AMENDMENTS OF THE ACT

Amendment of section 171

9.  In section 171 (powers of persons appointed under section 167)—

(a)after subsection (3) insert—

“(3A) Where the investigation relates to a recognised investment exchange, an investigator has the additional powers conferred by sections 172 and 173 (and for this purpose references in those sections to an investigator are to be read accordingly).”;

(b)after subsection (6) insert—

“(7) The reference in subsection (3A) to a recognised investment exchange does not include a reference to an overseas investment exchange (as defined by section 313(1)).”.