Application
This section has no associated Explanatory Notes
1This schedule applies where the Scottish Ministers are satisfied that—
(a)an act or an omission of an approved regulator (or a series of acts or omissions) has had, or is likely to have, an adverse impact on the observance of any of the regulatory objectives, and
(b)the matter cannot be adequately addressed by the Scottish Ministers taking any of the measures mentioned in section 38(4)(a) to (e).