Commentary on Sections Schedule 7: Enactments specified for the purpose of section 62 Section 66: Compliance with regulatory principles
170.Before making an order under or by virtue of Part 3 and allowing a regulator access to the new sanctions, section 66 provides that the relevant Minister must be satisfied that the regulator will exercise the new powers in accordance with the Principles of Good Regulation, as set out in section 5(2).