§
".—(1) The Treasury may by order designate bodies for the purposes of this Part.
(2) A body designated under subsection (1) is referred to in this Part as a designated professional body.
(3) The Treasury may designate a body under subsection (1) only if they are satisfied that—
are met in relation to it.(4) The basic condition is that the body has rules applicable to the carrying on by members of the profession in relation to which it is established of regulated activities which, if the body were to be designated, would be exempt regulated activities.
(5) The additional conditions are that—
(6) 'Enactment' includes an Act of the Scottish Parliament, Northern Ireland legislation and subordinate legislation (whether made under an Act, an Act of the Scottish Parliament or Northern Ireland legislation).
(7) 'Recognised' means recognised by—
Brought up, read the First and Second time, and added to the Bill.