8Pre-approval considerationS
(1)Before deciding whether or not to approve the applicant as an approved regulator under section 7, the Scottish Ministers must consult—
(a)the Lord President,
(b)the [F1 CMA], and such other organisation (appearing to them to represent the interests of consumers in Scotland) as they consider appropriate,
(c)such other person or body as they consider appropriate.
(2)In consulting under subsection (1), the Scottish Ministers—
(a)must send a copy of the application to the consultees,
(b)may send a copy of any revised application to any (or all) of them.
(3)The Scottish Ministers must, with reasons, notify the applicant if they intend to—
(a)refuse to approve it as an approved regulator, or
(b)impose conditions or restrictions under section 7(2) or (3).
(4)If notification is given to the applicant under subsection (3), it has 28 days beginning with the date of the notification (or such longer period as the Scottish Ministers may allow) to—
(a)make representations to the Scottish Ministers,
(b)take such steps as it may consider expedient.
Textual Amendments
F1Word in s. 8(1)(b) substituted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 6 para. 193; S.I. 2014/416, art. 2(1)(d) (with Sch.)
Commencement Information
I1S. 8 in force at 1.4.2011 by S.S.I. 2011/180, art. 3, Sch.