8(1)Confer supervisory functions on a prescribed body (an “oversight body”) in relation to bodies prescribed as, or seeking to be prescribed as, supervisory authorities, including powers or duties to—U.K.
(a)collect information,
(b)give directions,
(c)issue guidance, and
(d)give recommendations as to whether bodies should be, or should cease to be, prescribed as supervisory authorities.
(2)Make provision about the exercise of functions conferred on an oversight body under sub-paragraph (1).
Commencement Information
I1Sch. 2 para. 8 in force at 31.12.2020 by S.I. 2020/1535, reg. 3(d)