Section 160:

Companies Act 1989 · 1989 c. 40View on legislation.gov.uk

Part VII: Financial Markets and Insolvency

It is the duty of—

any person who has or had control of any assets of a defaulter, and
any person who has or had control of any documents of or relating to a defaulter,

to give a recognised body such assistance as it may reasonably require for the purposes of its default proceedings.

A person shall not under this section be required to provide any information or produce any document which he would be entitled to refuse to provide or produce on grounds of legal professional priviledge in proceedings in the High Court or on grounds of confidentiality as between client and professional legal adviser in proceedings in the Court of Session.

Where original documents are supplied in pursuance of this section, the recognised body shall return them forthwith after the completion of the relevant default proceedings, and shall in the meantime allow reasonable access to them to the person by whom they were supplied and to any person who would be entitled to have access to them if they were still in the control of the person by whom they were supplied.

The expenses of a relevant office-holder in giving assistance under this section are recoverable as part of the expenses incurred by him in the discharge of his duties; and he shall not be required under this section to take any action which involves expenses which cannot be so recovered, unless the recognised body undertakes to meet them.

The Secretary of State may by regulations make further provision as to the duties of persons to give assistance to a recognised body for the purposes of its default proceedings, and the duties of the recognised body with respect to information supplied to it.

In this section "document" includes information recorded in any form.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.