Part V Miscellaneous, General and Supplementary
Miscellaneous and general
23 Regulations to protect interests.
1
The Secretary of State may by regulations made by statutory instrument make provision for protecting relevant interests of any persons or bodies, or any description of persons or bodies, specified in the regulations; and in this subsection “relevant interests” means interests which may be affected by the exercise of any function conferred or imposed on the Development Corporation under this Act.
2
Regulations under subsection (1) above may provide that such a function—
a
shall not be exercisable, or shall be exercisable only, in such circumstances as may be specified in the regulations, or
b
shall be exercisable only if such conditions or requirements as may be so specified are met.
3
Before making any regulations under subsection (1) above the Secretary of State shall consult the Development Corporation and any persons or bodies, or representatives of any description of persons or bodies, proposed to be specified in the regulations.