Prospective
6(1)“Potentially competent licensing authority”, in relation to a licensable body, means an approved regulator—E+W
(a)which has made an application to the Board under Part 1 of Schedule 10 for a recommendation that the Lord Chancellor make a relevant designation order, and whose application has not been determined, or
(b)in respect of which the Board has made such a recommendation, but in respect of which no relevant designation order (or decision not to make such an order) has been made by the Lord Chancellor.
(2)A relevant designation order is an order—
(a)designating the approved regulator as a licensing authority in respect of one or more reserved legal activities, and
(b)the effect of which will be that the approved regulator becomes a competent licensing authority in relation to the licensable body.