212. Entry of premises under Court order

(1) The Court of First Instance may issue an order under this section if satisfied on information on oath given by the Regulator or an Investigator that there are reasonable grounds for believing that the first, second or third set of conditions is satisfied.
(2) The first set of conditions is —
(a) that a person on whom an Information Requirement has been imposed has failed (wholly or in part) to comply with it; and
(b) that on the premises specified in the order —
(i) there are Documents which have been required; or
(ii) there is information which has been required.
(3) The second set of conditions is —
(a) that the premises specified in the order are premises of an Authorised Person or Recognised Body;
(b) that there are on the premises Documents or information in relation to which an Information Requirement could be imposed; and
(c) that if such a requirement were to be imposed —
(i) it would not be complied with; or
(ii) the Documents or information to which it related would be removed, tampered with or destroyed.
(4) The third set of conditions is —
(a) that a contravention mentioned in section 205(2) has been (or is being) committed by any person;
(b) that there are on the premises specified in the order Documents or information relevant to whether that contravention has been (or is being) committed;
(c) that an Information Requirement could be imposed in relation to those Documents or information; and
(d) that if such a requirement were to be imposed —
(i) it would not be complied with; or
(ii) the Documents or information to which it related would be removed, tampered with or destroyed.
(5) An order under this section shall authorise the person named in the order —
(a) to enter the premises specified in the order;
(b) to search the premises and take possession of any Documents or information appearing to be Documents or information of a kind in respect of which an order under this section was issued (the "Relevant Kind") or to take, in relation to any such Documents or information, any other steps which may appear to be necessary for preserving them or preventing interference with them;
(c) to take copies of, or extracts from, any Documents or information appearing to be of the Relevant Kind;
(d) to require any person on the premises to provide an explanation of any Document or information appearing to be of the Relevant Kind or to state where it may be found; and
(e) to use such force as may be reasonably necessary.
(6) An order under this section may be executed only by the person named in the order.
(7) The order may authorise persons to accompany any person named in the order who is executing it.
(8) The powers in subsection (5) may be exercised by a person authorised by the order to accompany the person named in the order, but that person may exercise those powers only in the company of, and under the supervision of, a person named in the order.