SCHEDULES

SCHEDULE 10Designation of approved regulators as licensing authorities

Part 2Cancellation of designation by order

Advice of the Consumer Panel

I121

1

The Consumer Panel must give the Board such advice as it thinks fit regarding whether the proposed recommendation should be made.

2

In deciding what advice to give, the Consumer Panel must, in particular, have regard to the likely impact on consumers of making an order under section 76 in accordance with the proposed recommendation.