SCHEDULES
SCHEDULE 9Cancellation of designation as approved regulator
Advice of Office of Fair Trading
4
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 45 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.