Full legislation
s.64ZZJ
Inspection and investigation powers in relation to authorized institutions
(1) An inspector has no power under section 64ZZF or 64ZZG to require an authorized institution to disclose any information, or to produce a record or document, relating to the affairs of a customer of the institution— (a) unless the inspector is a specified authority; or (b) unless the inspector is satisfied that the disclosure or production is necessary for ascertaining a matter specified in section 64ZZF(1) and so certifies in writing to the institution. (2) An investigator has no power under section 64ZZH or 64ZZI to require an authorized institution to disclose any information, or to produce a record or document, relating to the affairs of a customer of the institution— (a) unless the investigator is a specified authority; or (b) unless— (i) the customer is a person whom the investigator has reasonable cause to believe may be able to give information relevant to the matter under investigation; and (ii) the investigator is satisfied that the disclosure or production is necessary for the investigation and so certifies in writing to the institution. (3) In this section— specified authority ( 指明當局 )— (a) in relation to subsection (1), means— (i) the Monetary Authority; or (ii) a person appointed by the Monetary Authority under section 64ZZF(6) ; or (b) in relation to subsection (2), means— (i) the Monetary Authority; or (ii) a person directed or appointed by the Monetary Authority under section 64ZZH(1) .