(1)The Scottish Ministers may by regulations make further provision about the internal governance arrangements of approved regulators.
(2)However, regulations under subsection (1) must relate to the regulatory functions of approved regulators.
(3)Before making regulations under subsection (1), the Scottish Ministers must—
(a)have the Lord President's agreement, and
(b)consult any approved regulator that would be affected by the regulations.
(4)For the purposes of this Part, the internal governance arrangements of an approved regulator are its own organisational and operational arrangements for the carrying out of its activities.
Commencement Information
I1S. 29 in force at 1.4.2011 by S.S.I. 2011/180, art. 3, Sch.