(1)The Lord Chancellor may by order amend section 138(1) in accordance with a recommendation made by an interested body under subsection (2).
(2)An interested body may, at any time, recommend to the Lord Chancellor that section 138(1) should be amended so as to substitute the amount specified in the recommendation for the amount for the time being specified in that provision.
(3)An interested body must, if requested to do so by the Lord Chancellor, consider whether or not it is appropriate to make a recommendation under subsection (2).
(4)An interested body must, before making a recommendation under subsection (2)—
(a)publish a draft of the proposed recommendation,
(b)invite representations regarding the proposed recommendation, and
(c)consider any such representations which are made.
(5)Where the Lord Chancellor receives a recommendation under subsection (2), the Lord Chancellor must consider whether to follow the recommendation.
(6)If the Lord Chancellor decides not to follow the recommendation, the Lord Chancellor must publish a notice to that effect which includes the Lord Chancellor's reasons for the decision.
(7)In this section “interested body” means—
(a)the OLC,
(b)the Board, or
(c)the Consumer Panel.
Commencement Information
I1S. 139 in force at 6.10.2010 by S.I. 2010/2089, art. 2(a)