32 Directions

Directions

32 Ìý¶Ù¾±°ù±ð³¦³Ù¾±´Ç²Ô²õ

(1)     This section applies if the Board is satisfied—

(a)     that an act or omission of an approved regulator (or a series of such acts or omissions) has had, or is likely to have, an adverse impact on one or more of the regulatory objectives,

(b)     that an approved regulator has failed to comply with any requirement imposed on it by or under this Act (including this section) or any other enactment, or

(c)     that an approved regulator—

(i)     has failed to ensure that the exercise of its regulatory functions is not prejudiced by any of its representative functions, or

(ii)     has

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