Legislation – Regulation of Legal Services (Scotland) Act 2025
Changes to legislation:
There are outstanding changes not yet made by the legislation.gov.uk editorial team to Regulation of Legal Services (Scotland) Act 2025. Any changes that have already been made by the team appear in the content and are referenced with annotations.
Changes to Legislation
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Changes and effects yet to be applied to Section 14:
- s. 14 coming into force by S.S.I. 2026/96 reg. 2(1)(2) sch. 1
Part 1Regulatory framework
Chapter 2regulators
Requirements of category 2 regulators
14Exercise of regulatory functions
(1)
A category 2 regulator must exercise its regulatory functions—
(a)
independently of its other functions or activities (if any),
(b)
properly in all respects (in particular, with a view to achieving public confidence).
(2)
The internal governance arrangements of a category 2 regulator must incorporate such provision as is necessary with a view to ensuring that the regulator—
(a)
always exercises its regulatory functions in accordance with subsection (1),
(b)
allocates sufficient resources (financial and otherwise) to the exercise of its regulatory functions,
(c)
regularly reviews how effectively it is exercising its regulatory functions (in particular, by reviewing the effectiveness of its regulatory scheme).