# The Flood Reinsurance (Scheme Funding and Administration) Regulations 2015, Regulation 20: Exercise of the FR Scheme administrator’s functions


The FR Scheme administrator must have regard to the following in discharging its functions—
(a) the need to ensure economy, efficiency and effectiveness in the discharge of those functions;
(b) the need to act in the public interest; and
(c) the need to ensure propriety and regularity in the operation of the FR Scheme.

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Source: https://www.legislation.gov.uk/ukdsi/2015/9780111137307/regulation/20 (the official version)
Page: https://openlegislation.uk/draft-flood-reinsurance-scheme-funding-and-administration-regulations-2015/regulation-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.