Section 231: Investigation of declared companies

231. Investigation of declared companies (1) The Registrar shall require an inspector to investigate the affairs of every declared company and to make a report on his investigation in such form and manner as the Registrar may direct. (2) The expenses of and incidental to an investigation of a declared company shall, subject to subsection (3), be paid out of the Consolidated Fund. (3) Where the Minister is of the opinion that the whole or any part of the expenses of and incidental to the investigation should be paid or refunded— (a) by the company; or (b) by the person or authority who requested the designation of a declared company, he may direct that the expenses be so paid or refunded. (4) Where a direction is made for the payment of the whole or part of the expenses by a company and the company is in liquidation or subsequently goes into liquidation the expenses shall, for the purposes of section 283 of the Companies Act 1984, be part of the costs and expenses of the winding up.