21Performance reportS
This section has no associated Explanatory Notes
(1)Practice rules made by reference to section 20(2)(a) are (in particular) to give the Head of Practice of a licensed provider the functions of—
(a)carrying out an annual review, and
(b)sending a report (in a specified form) on the review to the approved regulator.
(2)The review must include an examination of—
(a)the licensed provider's compliance with section 50(1), and
(b)the involvement of any non-solicitor investors in the licensed provider.
(3)Practice rules made by reference to section 20(2)(b) may describe the approved regulator's functions under section 31.
Commencement Information
I1S. 21 in force at 1.4.2011 by S.S.I. 2011/180, art. 3, Sch.