21Enforcement of client money protection schemes for property agents
(1)The Housing and Planning Act 2016 is amended as follows.
(2)In section 134 (client money protection schemes: approval or designation), after subsection (2) insert—
“(3)Regulations under this section may confer a discretion on the Secretary of State in connection with—
(a)the approval or designation of a client money protection scheme,
(b)conditions which must be complied with by the administrator of such a scheme,
(c)the amendment of such a scheme, or
(d)the withdrawal of approval or revocation of designation of such a scheme.”
(3)In section 135 (enforcement of client money protection scheme regulations)—
(a)in subsection (4)(e), after “for the purposes of any of its functions” insert “(whether or not the function is expressed to be a function of a local weights and measures authority)”, and
(b)for subsection (5) substitute—
“(5)In this section “local authority in England” means a local weights and measures authority in England.”