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Legislative and Regulatory Reform Act 2006

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Legislative and Regulatory Reform Act 2006, Section 21 is up to date with all changes known to be in force on or before 21 January 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

21PrinciplesU.K.

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(1)Any person exercising a regulatory function to which this section applies must have regard to the principles in subsection (2) in the exercise of the function.

(2)Those principles are that—

(a)regulatory activities should be carried out in a way which is transparent, accountable, proportionate and consistent;

(b)regulatory activities should be targeted only at cases in which action is needed.

(3)The duty in subsection (1) is subject to any other requirement affecting the exercise of the regulatory function.

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