Board’s duty to seek advice
3(1)After complying with paragraph 2, the Board must give each of the persons listed in sub-paragraph (2)—
(a)a copy of the warning notice and the accompanying draft,
(b)a copy of any written representations duly made by the approved regulator under paragraph 2 and a copy of the report (if any) prepared under that paragraph, and
(c)a notice specifying a period within which any advice under paragraphs 4 to 6 must be given.
(2)Those persons are—
(a)the OFT,
(b)the Consumer Panel,
(c)the Lord Chief Justice, and
(d)such other persons as the Board considers it reasonable to consult in respect of the proposed recommendation.
(3)In this Schedule, in relation to a proposed recommendation, “selected consultee” means a person within sub-paragraph (2)(d).