1SThis schedule applies where the Scottish Ministers are satisfied that an approved regulator has failed to—
(a)adhere to its internal governance arrangements (including, in particular, those relating to the independent and effective exercise of its regulatory functions), or
(b)comply with a direction given in accordance with schedule 2.
Commencement Information
I1Sch. 4 para. 1 in force at 1.4.2011 for specified purposes by S.S.I. 2011/180, art. 3, Sch.
I2Sch. 4 para. 1 in force at 2.7.2012 in so far as not already in force by S.S.I. 2012/152, art. 2, Sch.