Enterprise and Regulatory Reform Act 2013

87Approval of redress schemes for the purposes of section 83 or 84

This section has no associated Explanatory Notes

(1)The Secretary of State may by order make provision about the approval of redress schemes for the purposes of section 83 or 84, including provision as to—

(a)the making of applications for approval;

(b)conditions which must be satisfied before approval may be given;

(c)conditions which must be complied with by administrators of approved redress schemes;

(d)the withdrawal of approval.

(2)The order may make provision about the conditions which must be satisfied before a scheme administered by or on behalf of the Secretary of State may be designated for the purposes of section 83 or 84.