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Section 95 Lord President’s functions under Parts 1 and 2: rule-making making powerI1I2

Scotland

(1)

The Lord President may make rules in connection with the exercise of the Lord President’s functions under Part 1 or 2 of this Act.

(2)

Before making rules under subsection (1), the Lord President must consult—

(a)

the independent advisory panel of the Commission, and

(b)

each category 1 and category 2 regulator.

(3)

Rules under subsection (1) may in particular require each category 1 and category 2 regulator to maintain a list of—

(a)

its regulatory functions, and

(b)

the requirements imposed on it under this Act or any other enactment.

(4)

Rules under subsection (1)—

(a)

may make different provision for different purposes,

(b)

are to be published in such manner as the Lord President may determine.

Annotations

Commencement

I1

S. 95 not in force at Royal Assent, see s. 103(3)

I2

S. 95 in force at 5.3.2026 by S.S.I. 2026/96, reg. 2(1)(2), sch. 1