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Enterprise and Regulatory Reform Act 2013

Section 87: Approval of redress schemes for the purposes of section 83 or 84

578.Subsection (1) introduces powers for the Secretary of State to prescribe the procedure for the approval of redress schemes, including such matters as the making of applications, the conditions to be satisfied before approval is given, the conditions which must be complied with by administrators of schemes and the withdrawal of approval.

579.Subsection (2) makes provision for the Secretary of State to set out the conditions which must be satisfied in order for a government-administered redress scheme to be designated.

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