Applications for approval

3.—(1) An application to the Secretary of State for approval of a redress scheme must —

(a)be made in such a manner as the Secretary of State may determine; and

(b)be accompanied by such information as the Secretary of State may require.

(2) The Secretary of State must not approve a redress scheme unless —

(a)the provisions of the scheme; and

(b)the manner in which it will be operated (so far as it can be judged from the facts known to the Secretary of State)

are satisfactory for the purposes of section 83 (where the scheme applies to lettings agency work) or section 84 (where the scheme applies to property management work) of the 2013 Act.

(3) If an application for approval is refused, the Secretary of State must serve on the applicant a notice stating—

(a)that the application for approval has been refused; and

(b)the reasons for that refusal.

(4) An amendment to an approved scheme is not effective unless approved by the Secretary of State.

(5) Paragraph (1) applies in relation to an application for approval of an amendment as it applies to an application for approval of a scheme.

(6) The Secretary of State must not approve the amendment unless the amended scheme meets the conditions in paragraph (2).