§ 62 — Power of Authority to obtain information relating to this Division

62.—(1) The Authority may, by written notice, direct an operator to obtain from any of its shareholders, and to provide to the Authority, any information relating to the shareholder that the Authority may require for either or both of the following purposes:(a)

ascertaining or investigating into the control of shareholding or voting power in the operator;

(b)

exercising any power or function under section 59, 60, 61, 63 or 100.

(2) Without limiting subsection (1), the notice in subsection (1) may require the operator to obtain and provide the following information:(a)

whether the shareholder has an interest in any share in the operator as beneficial owner or as trustee;

(b)

if the shareholder holds the interest in the share as trustee, to indicate as far as that shareholder is able to —(i)

the person for whom that shareholder holds the interest (either by name or by other particulars sufficient to enable that person to be identified); and

(ii)

the nature of that person’s interest.

(3) The Authority may, by written notice, require any shareholder (X) of an operator, or any person (Y) that appears from information provided to the Authority under subsection (1) or this subsection to have an interest in any share in the operator, to provide to the Authority any information relating to X or Y (as the case may be) that the Authority may require for either or both of the following purposes:(a)

ascertaining or investigating into the control of shareholding or voting power in the operator;

(b)

exercising any power or function under section 59, 60, 61, 63 or 100.

(4) Without limiting subsection (3), the notice in subsection (3) may require X or Y to provide the following information:(a)

whether X or Y holds the interest as beneficial owner or as trustee;

(b)

if X or Y holds the interest as trustee, to indicate as far as X or Y can —(i)

the person (Z) for whom X or Y holds the interest (either by name or by other particulars sufficient to enable Z to be identified); and

(ii)

the nature of Z’s interest;

(c)

whether any share or any voting right attached to the share is the subject of an agreement or arrangement described in section 2(2)(c)(vi) or 59(2), and if so, to give particulars of the agreement or arrangement and the parties to it.

—(1) The Authority may, by written notice, direct an operator to obtain from any of its shareholders, and to provide to the Authority, any information relating to the shareholder that the Authority may require for either or both of the following purposes:(a)

ascertaining or investigating into the control of shareholding or voting power in the operator;

(b)

exercising any power or function under section 59, 60, 61, 63 or 100.

(2) Without limiting subsection (1), the notice in subsection (1) may require the operator to obtain and provide the following information:(a)

whether the shareholder has an interest in any share in the operator as beneficial owner or as trustee;

(b)

if the shareholder holds the interest in the share as trustee, to indicate as far as that shareholder is able to —(i)

the person for whom that shareholder holds the interest (either by name or by other particulars sufficient to enable that person to be identified); and

(ii)

the nature of that person’s interest.

(3) The Authority may, by written notice, require any shareholder (X) of an operator, or any person (Y) that appears from information provided to the Authority under subsection (1) or this subsection to have an interest in any share in the operator, to provide to the Authority any information relating to X or Y (as the case may be) that the Authority may require for either or both of the following purposes:(a)

ascertaining or investigating into the control of shareholding or voting power in the operator;

(b)

exercising any power or function under section 59, 60, 61, 63 or 100.

(4) Without limiting subsection (3), the notice in subsection (3) may require X or Y to provide the following information:(a)

whether X or Y holds the interest as beneficial owner or as trustee;

(b)

if X or Y holds the interest as trustee, to indicate as far as X or Y can —(i)

the person (Z) for whom X or Y holds the interest (either by name or by other particulars sufficient to enable Z to be identified); and

(ii)

the nature of Z’s interest;

(c)

whether any share or any voting right attached to the share is the subject of an agreement or arrangement described in section 2(2)(c)(vi) or 59(2), and if so, to give particulars of the agreement or arrangement and the parties to it.