SCHEDULE 1
Performance targets
Application
1.This schedule applies where the Scottish Ministers—
Power to set targets
2.(1) The Scottish Ministers may— (a) set one or more...
Notice of intention
3.(1) Before setting a performance target, or requiring the approved...
Consultation
4.(1) The approved regulator has 28 days beginning with the...
Decision
5.(1) The Scottish Ministers must have regard to any representations...
SCHEDULE 2
Directions
Application
1.This schedule applies where the Scottish Ministers are satisfied that—...
Power to direct
2.(1) The Scottish Ministers may direct the approved regulator to...
Notice of intention
3.(1) Before giving a direction to an approved regulator under...
Consultation
4.(1) The approved regulator has 28 days beginning with the...
Decision
5.(1) The Scottish Ministers must have regard to any representations...
Extension of time to comply
6.(1) The Scottish Ministers may, on an application by an...
Enforcement
7.(1) If at any time it appears to the Scottish...
SCHEDULE 3
Censure
Application
1.This schedule applies where the Scottish Ministers are satisfied that—...
Power to censure
2.The Scottish Ministers may make and publish a statement censuring...
Preliminary advice
3.Before making the statement, the Scottish Ministers must consult such...
Notice of intention
4.(1) If, after consulting under paragraph 3, the Scottish Ministers...
Consultation
5.(1) The approved regulator has 28 days beginning with the...
Decision
6.(1) The Scottish Ministers must have regard to any representations...
SCHEDULE 4
Financial penalties
Application
1.This schedule applies where the Scottish Ministers are satisfied that...
Power to impose penalty
2.(1) The Scottish Ministers may impose on the approved regulator...
Amount of penalty
3.(1) When considering the appropriate amount of a penalty to...
Notice of intention
4.(1) Before imposing a financial penalty, the Scottish Ministers must...
Consultation
5.(1) The approved regulator has 28 days beginning with the...
Decision
6.(1) The Scottish Ministers must have regard to any representations...
Variation of penalty
7.(1) The Scottish Ministers may, on an application from an...
Appeal
8.(1) An approved regulator on which a financial penalty is...
Appeal grounds
9.The grounds for an appeal under paragraph 8 are—
Time for appeal
10.(1) An appeal under paragraph 8 is to be made—...
Interest
11.(1) If the whole or part of a penalty is...
Default
12.(1) Sub-paragraph (2) applies where the whole or part of...
SCHEDULE 5
Amendment of authorisation
Application
1.This schedule applies where the Scottish Ministers are satisfied that—...
Power to amend
2.(1) The Scottish Ministers may amend the authorisation of the...
Notice of intention
3.(1) Before amending the approved regulator's authorisation, the Scottish Ministers...
Consultation
4.(1) The approved regulator has 28 days beginning with the...
Decision
5.(1) The Scottish Ministers must have regard to any representations...
SCHEDULE 6
Rescission of authorisation
Application
1.This schedule applies where the Scottish Ministers are satisfied that—...
Power to rescind
2.The Scottish Ministers may rescind the authorisation of the approved...
Notice of intention
3.(1) Before rescinding the approved regulator's authorisation, the Scottish Ministers...
Consultation
4.(1) The approved regulator has 28 days beginning with the...
Decision
5.(1) The Scottish Ministers must have regard to any representations...
SCHEDULE 7
Surrender of authorisation
Application
1.This schedule applies where an approved regulator proposes to surrender...
Surrender notice
2.(1) The approved regulator must give the Scottish Ministers a...
Consultation
3.(1) The Scottish Ministers must, as soon as reasonably practicable...
Decision
4.(1) The Scottish Ministers must, within 28 days beginning with...
Date of surrender
5.(1) If the Scottish Ministers agree to the surrender of...
SCHEDULE 8
Investors in licensed providers
Initial notification requirements
1.(1) An applicant for a licence (issuable in accordance with...
2.(1) It is an offence for a person to fail...
Continuing notification requirements
3.(1) This paragraph applies where— (a) a person takes, or...
Exemption from notification requirements
4.(1) An approved regulator may in relation to any exemptible...
Requirement to notify investors
5.(1) Where an applicant gives information under paragraph 1, the...
Approved regulator may obtain information
6.(1) An approved regulator may require a person whose identity...
SCHEDULE 9
Index of expressions used