Regulation 3 Requirement to carry out a proportionality assessment
(1)
The relevant authority must carry out a proportionality assessment in respect of a professional regulatory provision before the provision takes effect.
(2)
When carrying out a proportionality assessment, the relevant authority must ensure that—
(a)
the professional regulatory provision complies with the requirements set out in regulations 4 to 6;
(b)
the extent of the assessment is proportionate to the nature, content and impact of the professional regulatory provision;
(c)
the reasons for considering that the professional regulatory provision is justified and proportionate are substantiated by qualitative and, wherever possible and relevant, quantitative elements; and
(d)
the assessment is carried out in an objective and independent manner.