PART 6Powers and functions of the regulator and the appropriate authority

Directions to regulators and exemption registration authorities: general61.

(1)

An appropriate authority may give directions to a regulator or exemption registration authority of a general or specific character with respect to the carrying out of its functions under these Regulations.

(2)

Without prejudice to the generality of the power in paragraph (1), a direction may direct the regulator or exemption registration authority to exercise or not to exercise—

(a)

specified powers;

(b)

its powers in specified circumstances; or

(c)

its powers in a specified manner.

(3)

Except in an emergency, an appropriate authority may give a direction to the Agency under paragraph (1) only after consultation with the Agency.

(4)

The regulator or exemption registration authority must comply with a direction given to it under these Regulations.