The Companies Act 1989 (Delegation) Order 2005

Requirements concerning exercise of functions

4.—(1) Subject to paragraph (2), before making any regulations by virtue of the functions transferred to it by this Order the designated body shall:

(a) publish the proposed regulations in such manner as appears to the body to be best calculated to bring them to the attention of persons who may be affected by the proposed regulations;

(b) publish at the same time a statement that representations in respect of the proposals may be made to the body within a specified period which shall not be less than 12 weeks following the date of publication of the proposed regulations; and

(c) have regard to any representations duly made in accordance with the statement before making the regulations.

(2) Paragraph (1) does not apply in any case in which the body considers that the delay involved in complying with that paragraph would be prejudicial to the public interest.