7 (a) he considers on reasonable grounds that there are further matters for the investigator to investigate and determine; or (b) criminal proceedings have been or may be instituted in connection with the investigation; or (c) winding-up or liquidation proceedings have been or may be instituted in connection with the investigation. [subsection inserted by the General Laws Amendment (No.2) Act, 2002 (No. 14 of 2002) with effect from the 24th January, 2003; note that section 47 of that Act in effect backdates the amendment to the 4th February, 2002, which was the date of commencement of the earlier General Laws Amendment Act, 2002 (No. 2 of 2002) – which contained an identical amendment to this section. Act 2/2002 was invalidated by the Supreme Courton procedural in late February 2002; see its decision in the Biti case.] 7 Appointment of investigators (1) The Minister may appoint any member of the Public Service or any other suitable person to be an investigator for the purposes of this Act. (2) Where the Minister has, in terms of section six, declared any person to be a specified person, he shall, without delay, assign one or more investigators to that specified person. (3) The Minister shall furnish every investigator with a letter of appointment and the investigator shall, on request, display his letter of appointment to any interested person. (4) An investigator who is not a member of the Public Service shall be paid such remuneration and allowances as the Minister may fix with the approval of the Minister responsible for finance. [Subsection substituted by s. 37 of Act 27/2004 with effect from 25th February, 2005; Act 27/2004 is the Reconstruction of State-Indebted Insolvent Companies Act [Chapter 24:27]..] (5) The remuneration of an investigator referred to in subsection shall be paid by the specified person: Provided that— (i) if there are two or more specified persons, such specified persons shall be jointly and severally liable to pay the remuneration of the investigator; (ii) if any specified person was acting as an agent of a company or partnership that is also a specified person, such remuneration may be paid from the funds of such company or partnership. [Subsection inserted by s. 37 of Act 27/2004 with effect from 25th February, 2005; Act 27/2004 is the Reconstruction of State-Indebted Insolvent Companies Act [Chapter 24:27]..] 8 Functions of investigators (1) The functions of an investigator shall be— (a) to investigate the affairs and business of the specified person to whom he has been assigned and determine— (i) whether or not the specified person has been involved in any conduct referred to in paragraphs (a) to (e) of subsection (1) of section six and, if he has, whether or not the State or a statutory body, local authority or other person has a claim against him as a result of or arising out of such conduct; and (ii) the extent and nature of any claim referred to in subparagraph (i); and