Prospective
26Publication of draft regulatory scheme and representationsS
(1)A body making an application under section 23 must—
(a)make a copy of its draft regulatory scheme available electronically for the duration of the relevant period,
(b)send a copy of its draft regulatory scheme to the following persons (and inform them that they may make written representations concerning the draft scheme in accordance with subsection (4))—
(i)the Competition and Markets Authority,
(ii)the Commission, and
(iii)the independent advisory panel of the Commission,
(c)at the time of making the application, place an advertisement containing the information described in subsection (2) in the Edinburgh Gazette and in a daily newspaper circulating throughout Scotland.
(2)An advertisement required under subsection (1)(c) must state that—
(a)a copy of the draft regulatory scheme is available electronically during the relevant period,
(b)written representations concerning the draft scheme may be made to the Lord President, and
(c)for such representations to be considered, they must meet the requirements described in subsection (4).
(3)Any person may make written representations concerning a draft regulatory scheme during the relevant period.
(4)Representations under subsection (3) must—
(a)be made to the Lord President, and
(b)be received by the Lord President before the expiry of the relevant period.
(5)In this section—
“draft regulatory scheme” in relation to an application made under section 23, means the draft regulatory scheme required to accompany the application under section 23(4),
“relevant period” in relation to an application under section 23, means the period of six weeks beginning with the date on which the application is made.
Commencement Information
I1S. 26 not in force at Royal Assent, see s. 103(3)