114   Conduct of investigations

(1)  Subject to this Part, in an investigation, the Board:

(a)  is to act with as little formality as possible, and

(b)  may inform itself on any matter in any way it thinks fit and is not bound by the rules of evidence, and

(c)  may receive information or submissions in the form of oral or written statements, and

(d)  may consult with such persons as it thinks fit.

(2)  The investigation is to be conducted in private as far as possible, and accordingly the Board is not to conduct public hearings, public seminars and public workshops except with the approval of the Minister.

(3)  Nothing in this section prevents the Board from holding one or more meetings for the purposes of the investigation, but all such meetings are to be held privately.

(4)  The Board is required to seek and consider submissions from the public trading agency that is the subject of the complaint to which the investigation relates and the Treasurer, but is not required to seek or consider submissions from any other person.

(5)  The regulations may make provision for or with respect to the conduct of investigations.