# The Small and Medium Sized Business (Finance Platforms) Regulations 2015, Regulation 12: Consultation before designation of a finance platform


(1) Before designating a finance platform or revoking the designation of a finance platform, the Treasury may consult—
(a) the company incorporated as a private company limited by shares on 18th July 2013 with the company number 08616013 and re-registered as a public company limited by shares on 29th October 2013 with the name British Business Bank plc;
(b) a subsidiary of the company referred to in sub-paragraph (a); or
(c) any other person they consider appropriate.
(2) In considering whether to designate a finance platform or to revoke the designation of a finance platform, the Treasury may rely on advice or information provided in response to consultation under paragraph (1).

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Source: https://www.legislation.gov.uk/ukdsi/2015/9780111138939/regulation/12 (the official version)
Page: https://openlegislation.uk/draft-small-and-medium-sized-business-finance-platforms-regulations-2015/regulation-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.