49 The Board's policy statements

Policy statements

49  The Board's policy statements

(1)     The Board must prepare and issue a statement of policy with respect to the exercise of its functions under—

(a)     section 31 (performance targets and monitoring);

(b)     section 32 (directions);

(c)     section 35 (public censure);

(d)     section 37 (financial penalties);

(e)     section 41 (intervention directions);

(f)     section 45 (cancellation of designation as approved regulator);

(g)     section 76 (cancellation of designation as licensing authority by order).

(2)     The Board may prepare

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