SCHEDULES

SCHEDULE 10Designation of approved regulators as licensing authorities

Part 2Cancellation of designation by order

Advice of Office of Fair Trading

20

1

The OFT must give the Board such advice as it thinks fit regarding whether the proposed recommendation should be made.

2

In deciding what advice to give, the OFT must, in particular, have regard to whether making an order under section 76 in accordance with the proposed recommendation would (or would be likely to) prevent, restrict or distort competition within the market for reserved legal services to any significant extent.