Legal Services Act 2007 (c. 29)

Part 4 E+W Regulation of approved regulators

Competition E+W

59 Referral of report by the Lord Chancellor to the Competition Commission E+W

(1) This section applies where the OFT is satisfied that the Board has failed to give full and proper consideration to a report made by the OFT, in respect of an approved regulator, under section 57.

(2) The OFT may give a copy of its report to the Lord Chancellor.

(3) The OFT must notify the Board and the approved regulator if it gives a copy of its report to the Lord Chancellor.

(4) On receiving a report under subsection (2), the Lord Chancellor must—

(a) give the Competition Commission a copy of the report, and

(b) seek its advice on what action (if any) should be taken by the Lord Chancellor under section 61.