88 Exercise of powers in relation to Northern Ireland

88  Exercise of powers in relation to Northern Ireland

(1)     The following provisions apply where it appears to the Secretary of State that a request for assistance by an overseas regulatory authority may involve the powers conferred by section 83 being exercised in Northern Ireland in relation to matters which are transferred matters within the meaning of the Northern Ireland Constitution Act 1973.

(2)     The Secretary of State shall before deciding whether to accede to the request consult the Department of Economic Development in Northern Ireland, and if he decides to accede to the request and it appears to him—

(a)     that the powers should be exercised in Northern Ireland,

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