315.This section gives the Authority a general power to require information or documents which may reasonably be required in connection with the discharge of its functions under the Act.  The information or documents may be required from any person, including a legal person, who is any of the following:
	an authorised person;
	a formerly authorised person;
	a person connected with an authorised person, as defined in subsection (11);
	an operator, trustee or depository of an open-ended investment company;
	a recognised investment exchange;
	a recognised clearing house.
316.Either the Authority can write to the person asking for the production of the information or documents within a reasonable timescale, or it can send an officer to whom it has given written authorisation.  The person is required to provide the information or documents without delay, and he may also be required to take any reasonable steps the Authority may specify to verify the information provided.
Commentary on Sections Part Xi: Information Gathering & Investigations Section 165: Authority’s power to require information