F1PART 2Regulatory Enforcement
Primary authorities
23BNomination of primary authorities
(1)
The Secretary of State may only nominate a qualifying regulator as a direct primary authority if the regulator and the regulated person have agreed in writing to the nomination.
(2)
The Secretary of State may only nominate a qualifying regulator as a co-ordinated primary authority if—
(a)
there is a co-ordinator of the regulated group, and
(b)
the regulator and the co-ordinator have agreed in writing to the nomination.
(3)
The Secretary of State may at any time revoke a nomination under section 23A(1).
(4)
The Secretary of State must—
(a)
maintain, or cause to be maintained, a register of nominations under section 23A(1), and
(b)
make the register available for inspection free of charge.