74(1)Section 119 is amended as follows.
(2)In the existing provision (which becomes subsection (1) of that section)—
(a)for “Secretary of State” substitute “appropriate national authority or the regulator”;
(b)for “he” substitute “it”.
(3)After that subsection insert—
“(2)Section 250 of the Local Government Act 1972 (power to direct inquiries) applies in relation to a local inquiry caused to be held by the regulator as it applies in relation to one caused to be held by the Secretary of State.”