84.This section provides that the Scottish Ministers can only exercise the power under section 24(1) if they have received a request to do so from the Lord President, an accredited regulator or the independent advisory panel of the Commission following a period of consultation with specified bodies. Except where the Lord President is the requester, the Lord President’s agreement must be obtained. The section specifies what information must be provided to the Lord President and the Scottish Ministers and what documents must be published.
Background Part 1 – Regulatory Framework Applications Section 25 – Regulatory scheme – additional matters to be included: further provision