Part 1 Giving Intervention Directions
Legal Services Act 2007 (2007 c 29) | Legislation

SCHEDULE 8 Intervention Directions: Procedure

Sections 41 and 44

Part 1 Giving Intervention Directions

Introductory

1

(1)     This Part of this Schedule applies where the Board proposes giving an intervention direction to an approved regulator in respect of a regulatory function.

(2)     In this Schedule “intervention direction†has the same meaning as in section 41.

Notification of the approved regulator

2

(1)     The Board must give the approved regulator a notice (“a warning noticeâ€) accompanied by a draft of the proposed intervention direction.

(2)     The warning notice must—

(a)     state that the Board proposes to give the approved regulator an intervention direction in the form of the accompanying draft and the time when it is proposed that direction should take effect, and

(b)     state the reasons why the Board is satisfied of the matters mentioned in section 41(1)(a) and (b).

(3)     The Board must publish a copy of the warning notice.

(4)     The approved regulator may make to the Board—

(a)     written representations, and

(b)     if the Board authorises it to do so, oral representations,

about the proposed intervention direction.

(5)     The Board must make rules governing the making of written and oral representations.

(6)

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