Part 2

Regulation of licensed legal services
Chapter 3

Further provision

Achieving regulatory aims

Policy statement
78
1
An approved regulator must prepare and issue a statement of policy as to how, in exercising its functions under this Part, it will comply with its duties under section 77.
2
The approved regulator—
a
may revise the policy statement,
b
if it does so, must re-issue the policy statement.
3
The approved regulator may issue (or re-issue) the policy statement only with the approval of the Scottish Ministers.
4
The approved regulator must publish the policy statement as issued (or re-issued).
5
In exercising its functions under this Part, the approved regulator must have regard to the policy statement as issued (or re-issued).