PART 1REGULATORY FUNCTIONS

Power to modify list of regulators

7Power to modify schedule 1

(1)

The Scottish Ministers may by order modify schedule 1 so as to—

(a)

add—

(i)

a person, body or office-holder which has regulatory functions to the list of persons, bodies and office-holders for the time being listed there, or

(ii)

a description of a person, body or office-holder having regulatory functions to that list,

(b)

remove—

(i)

a person, body or office-holder from that list, or

(ii)

a description of a person, body or office-holder from that list,

(c)

amend an entry on that list.

(2)

An order under subsection (1) may, in relation to a person, body or office-holder or a description of a person, body or office-holder—

(a)

specify that a function is or is not to be a regulatory function for the purposes of section 1, 4 or 5,

(b)

specify the extent to which a function is or is not to be a regulatory function for such purposes.