(1)A Minister of the Crown may by order under this section make any provision which he considers would serve the purpose in subsection (2).
(2)That purpose is securing that regulatory functions are exercised so as to comply with the principles in subsection (3).
(3)Those principles are that—
(a)regulatory activities should be carried out in a way which is transparent, accountable, proportionate and consistent;
(b)regulatory activities should be targeted only at cases in which action is needed.
(4)Subject to this Part, the provision that may be made under subsection (1) for the purpose in subsection (2) includes—
(a)provision modifying the way in which a regulatory function is exercised by any person,
(b)provision amending the constitution of a body exercising regulatory functions which is established by or under an enactment,
(c)provision transferring, or providing for the delegation of, the regulatory functions conferred on any person,
and provision made by amending or repealing any enactment.
(5)The provision referred to in subsection (4)(c) includes provision—
(a)to create a new body to which, or a new office to the holder of which, regulatory functions are transferred;
(b)to abolish a body from which, or office from the holder of which, regulatory functions are transferred.
(6)The provision that may be made under subsection (1) does not include provision conferring any new regulatory function or abolishing any regulatory function.
(7)An order under this section may contain such consequential, supplementary, incidental or transitional provision (including provision made by amending or repealing any enactment or other provision) as the Minister making it considers appropriate.
(8)An order under this section may bind the Crown.
(9)An order under this section must be made in accordance with this Part.