SCHEDULE 6Rescission of authorisation
Application
I11
This schedule applies where the Scottish Ministers are satisfied that—
a
an act or an omission of an approved regulator (or a series of acts or omissions) has had, or is likely to have, an adverse impact on the observance of any of the regulatory objectives, and
b
the matter cannot be adequately addressed by the Scottish Ministers taking any of the measures mentioned in section 38(4)(a) to (e).