(1) The Regulator must determine the procedure that it proposes to follow in relation to the exercise of —
(a) any power giving rise to an obligation to give a notice under sections 246
(b) its Own-Initiative Powers;
(2) That procedure must be designed to secure, among other things that a decision to exercise any power specified in subsection (1) is taken —
(a) by a person not directly involved in establishing the evidence on which the decision is based; or
(b) by two or more persons who include a person not directly involved in establishing that evidence.