(1)The Director may make such rules about procedural and other matters in connection with the carrying into effect of the provisions of this Part as he considers appropriate.
(2)Schedule 9 makes further provision about rules made under this section but is not to be taken as restricting the Director’s powers under this section.
(3)If the Director is preparing rules under this section he must consult such persons as he considers appropriate.
(4)If the proposed rules relate to a matter in respect of which a regulator exercises concurrent jurisdiction, those consulted must include that regulator.
(5)No rule made by the Director is to come into operation until it has been approved by an order made by the Secretary of State.
(6)The Secretary of State may approve any rule made by the Director—
(a)in the form in which it is submitted; or
(b)subject to such modifications as he considers appropriate.
(7)If the Secretary of State proposes to approve a rule subject to modifications he must inform the Director of the proposed modifications and take into account any comments made by the Director.
(8)Subsections (5) to (7) apply also to any alteration of the rules made by the Director.
(9)The Secretary of State may, after consulting the Director, by order vary or revoke any rules made under this section.
(10)If the Secretary of State considers that rules should be made under this section with respect to a particular matter he may direct the Director to exercise his powers under this section and make rules about that matter.