[3RC Requirement to review specified rules]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[3RC  Requirement to review specified rules]

[(1)     The Treasury may by direction require a regulator to carry out a review of specified rules if—

(a)     the rules have been in force for at least 12 months,

(b)     the Treasury consider that it is in the public interest that the rules are reviewed, and

(c)     it does not appear to the Treasury that—

(i)     the regulator is carrying out, or proposes to carry out, a review of those rules,

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