• The Regulator's procedures

    • 256. The Regulator's procedures

      (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 or 248;
      (b) its Own-Initiative Powers;
      (c) its powers under section 48;
      (d) its powers under section 53;
      (e) its powers under section 71;
      (f) its powers under section 135; or
      (g) its powers under Part 14.
      (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.