25(1)General binding rules may—
(a)impose conditions or requirements,
(b)prescribe standards or objectives to be complied with or achieved, and
(c)require standards or objectives specified in or under other enactments to be complied with or achieved.
(2)Before determining any general binding rules in accordance with a procedure specified under paragraph 4(5), a regulator must—
(a)publish a draft of the proposed rules,
(b)publicise the opportunity to make representations about the proposed rules under sub-paragraph (3) in such manner as the regulator thinks fit,
(c)make copies of the proposed rules available for public inspection for such period, which must be at least 28 days, as the regulator may determine.
(3)Any person who wishes to make representation about the proposed rules to the regulator may do so within the period determined under sub-paragraph (2)(c).
(4)The regulator must, in determining the rules, have regard to any representations on the proposed rules received by the regulator within that period.