(1) The Council must carry out such investigations as it considers appropriate in cases where—
(a) it is alleged that a registered person—
(i) is guilty of unacceptable professional conduct or serious professional incompetence, or
(ii) has been convicted (at any time) of a relevant offence, or
(b) it appears to the Council that a registered person may be so guilty or have been so convicted.
(2) The Council must decide,
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