Part 2 Revoking Intervention Directions
Legal Services Act 2007 (2007 c 29) | Legislation

Part 2 Revoking Intervention Directions

Introductory

13

(1)     Where an intervention direction has effect in respect of a regulatory function of an approved regulator—

(a)     the approved regulator may apply to the Board for the Board to revoke the direction, or

(b)     the Board may give the approved regulator a notice stating the Board's intention to revoke the direction.

(2)     An application under sub-paragraph (1)(a) must—

(a)     be made in the form and manner specified by the Board, and

(b)     be accompanied by such material as the applicant considers is likely to be needed for the purposes of this Part of this Schedule.

Board's duty to seek advice

14

(1)     Where the Board has received an application under paragraph 13(1)(a), it must give each of the persons listed in sub-paragraph (3)—

(a)     a copy of the application,

(b)     a copy of any material which accompanied it, and

(c)     a notice specifying a period within which any advice under paragraphs 15 to 18 must be given.

(2)     Where the Board has given a notice under paragraph 13(1)(b), it must give each of the persons listed in sub-paragraph (3)—

(a)     a copy of the notice, and

(b)

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