39KProvision of information relating to regulated entities

39K Provision of information relating to regulated entities (1) The Commission, by written notice, may request a regulated entity to provide to the Commission any information or class of information relating to the regulated entity in the manner and form specified in the notice. (2) A regulated entity must comply with a request under subsection (1). (3) If information relating to a regulated entity is held by a third party, the Commission may require the regulated entity to enter into an arrangement with the third party under which the third party is to provide the information to the Commission. (4) In exercising the power to make a request under subsection (1) or to require a regulated entity to enter into an arrangement under subsection (3), the Commission must have regard to— (a) the relevance of the information, document or evidence sought; and (b) the estimated compliance costs. (5) The Commission may specify the kind or class of information which a regulated entity must maintain for the purposes of this section in a Code of Practice. S. 39L inserted by No. 41/2021 s. 5.