designate the Board as an approved regulator in relation to one or more reserved legal activities;

modify the functions of the Board, and make such other provision relating to those functions as the Lord Chancellor considers necessary or expedient, with a view to enabling the Board to discharge its functions as an approved regulator effectively and efficiently;

cancel the Board's designation as an approved regulator in relation to one or more reserved legal activities.

the Board has made a recommendation in accordance with section 66, and

the order is in the same form as, or in a form which is not materially different from, the draft order annexed to that recommendation.

give the Board a notice stating the reasons for that decision, and

publish the notice.

a body's designation as an approved regulator in relation to the activity is cancelled under section 45, or

the activity becomes a reserved legal activity by virtue of an order under section 24.

to authorise (otherwise than by the grant of a licence under Part 5) persons or any category of persons (whether corporate or unincorporate) to carry on one or more activities which are reserved legal activities in relation to which the Board is designated as an approved regulator;

to make qualification regulations;

to make provision as to the educational, training and other requirements to be met by regulated persons who are not relevant authorised persons;

to make practice rules and conduct rules;

to make disciplinary arrangements in relation to regulated persons (including discipline rules);

to make rules requiring the payment of fees specified in or determined in accordance with the rules;

to make indemnification arrangements;

to make compensation arrangements;

to make rules as to the treatment of money (including money held in trust) which is received, held or dealt with for clients, or other persons, by regulated persons, and as to the keeping by such persons of accounts in respect of such money;

to take steps for the purpose of ascertaining whether or not the provisions of rules or regulations made, or any code or guidance issued, by the Board in its capacity as an approved regulator are being complied with, and to make rules requiring relevant authorised persons to produce documents and provide information for that purpose;

to delegate any of the functions exercisable by the Board in its capacity as an approved regulator to such persons as it considers appropriate;

to make regulations or rules providing for appeals to the High Court or another body against decisions made by the Board in its capacity as an approved regulator (including regulations or rules providing for a decision on such an appeal to be final and for orders as to payment of costs).

make provision, in relation to the Board (in that capacity) and regulated persons, corresponding to any of the provisions made, in relation to licensing authorities and licensed bodies (or managers or employees of such bodies), by that Schedule.

authorising or requiring the Board to establish and maintain a fund or funds;

authorising or requiring the Board to take out and maintain insurance with authorised insurers;

requiring relevant authorised persons or relevant authorised persons of any specific description to take out and maintain insurance with authorised insurers.

a contract of insurance is of a relevant class if it insures against a risk arising from accident, credit, legal expenses, general liability to third parties, sickness, suretyship or miscellaneous financial loss, and

the definition of “authorised insurer” in subsection (5) must be read with section 22 of the Financial Services and Markets Act 2000, and any relevant order under that section, and with Schedule 2 to that Act.

a copy of the proposed recommendation,

a copy of the proposed draft order, and

a statement specifying a period within which representations may be made about the proposals.

the Lord Chancellor,

the F2CMA ,

the Consumer Panel,

the Lord Chief Justice, and

such other persons as the Board considers it reasonable to consult regarding the proposals.

a requirement of those regulatory arrangements, and

a requirement of the regulatory arrangements of the approved regulator.

a requirement of those regulatory arrangements, and

a requirement of the regulatory arrangements of an approved regulator.

a requirement of those regulatory arrangements, and

a requirement of the regulatory arrangements of the Board (in its capacity as an approved regulator).

to take steps to modify, in such manner as may be specified in the direction, the provision made by its regulatory arrangements to prevent a regulatory conflict with the Board (in its capacity as an approved regulator), or

if its regulatory arrangements do not make any such provision, to make such provision as may be specified in the direction to prevent such a conflict.

a requirement of those regulatory arrangements, and

a requirement of the regulatory arrangements of the Board (in its capacity as an approved regulator).

references to the applicant regulator are to be read as references to the person who made the application, and

references to the conflicting regulator are to be construed in accordance with this section.