30 Rules relating to the exercise of regulatory functions

30  Rules relating to the exercise of regulatory functions

(1)     The Board must make rules (“internal governance rules”) setting out requirements to be met by approved regulators for the purpose of ensuring—

(a)     that the exercise of an approved regulator's regulatory functions is not prejudiced by its representative functions, and

(b)     that decisions relating to the exercise of an approved regulator's regulatory functions are so far as reasonably

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