SCHEDULES

SCHEDULE 9Cancellation of designation as approved regulator

Advice of the Lord Chief Justice

7

1

The Board must give the Lord Chief Justice—

a

a copy of any advice duly given under paragraphs 4 to 6, and

b

a notice specifying a period within which advice under this paragraph must be given.

2

The Lord Chief Justice must then give such advice as the Lord Chief Justice thinks fit in respect of the proposed recommendation.

3

In deciding what advice to give, the Lord Chief Justice must, in particular, have regard to the likely impact on the courts in England and Wales of making an order under section 45 in accordance with the proposed recommendation.