Regulation of Legal Services (Scotland) Act 2025 (asp 8)

Prospective

Part 1 S Regulatory framework

Chapter 3 S New regulators of legal services

Review of regulatory scheme S

32 Review of regulatory scheme on initiative of accredited regulator S

(1) This section applies where an accredited regulator has carried out a review of its regulatory scheme on its own initiative and proposes such revision to its scheme as it considers appropriate in light of the review.

(2) The accredited regulator must send a report to the Lord President detailing the proposed revision to the scheme.

(3) Following receipt of a report under subsection (2), the Lord President may—

(a) approve the proposed revision to the scheme,

(b) not approve the proposed revision to the scheme,

(c) direct the accredited regulator to make such revision to its scheme as the Lord President considers should be made.

(4) Following revision of its scheme pursuant to paragraph (a) or (c) of subsection (3), the accredited regulator must publish the revised scheme in a manner that is accessible to the public, free of charge, by such electronic means as the regulator considers appropriate.

(5) The Lord President may vary or revoke a direction given under subsection (3)(c).

Commencement Information

I1 S. 32 not in force at Royal Assent, see s. 103(3)