SCHEDULE 1Performance targets

Power to set targets

I1I22

1

The Scottish Ministers may—

a

set one or more performance targets for the approved regulator in relation to its regulatory functions,

b

require the approved regulator to set one or more performance targets in relation to its regulatory functions.

2

The approved regulator must (so far as practicable) comply with a performance target set for it under sub-paragraph (1)(a) or (b).