446. (1) The F324[Authority, where it] considers it necessary or appropriate, make the following request of the receiver of the property of a company or companies (specifying the reason why the request is being made).

(2) That request is that the receiver produce to the F324[Authority] the receiver’s books for examination, either in regard to a particular receivership or to all receiverships undertaken by the receiver.

(3) The receiver of whom a request under subsection (1) is made shall—

(a) furnish the books to the F324[Authority],

(b) answer any questions concerning the content of the books and the conduct of the particular receivership or receiverships, and

(c) give to the F324[Authority] all assistance in the matter as the receiver is reasonably able to give.

(4) A request under subsection (1) may not be made in respect of books relating to a receivership that has concluded more than 6 years prior to the date of the request.

(5) If a receiver fails to comply with a request under subsection (1) or do any of the things referred to in subsection (3)(b) and (c), he or she shall be guilty of a category 3 offence.