• Review of rules

    • MIR 2.11.10

      In determining whether a Recognised Body's procedures for consulting Members and other users of its facilities are appropriate, the Regulator may have regard to the range of Persons to be consulted by the Recognised Body under those procedures. Consultation with a smaller range of Persons may be appropriate where limited, technical changes to a Recognised Body's rules are proposed. A Recognised Body's procedures may include provision to restrict consultation where it is essential to make a change to the rules without delay in order to ensure continued compliance with the Recognition Requirements or other legal obligations.

    • MIR 2.11.11

      In determining whether a Recognised Body's procedures for consulting Members and other users of its facilities are appropriate, the Regulator may have regard to the extent to which the procedures include:

      (a) informal discussions at an early stage with users of its facilities or appropriate representative bodies;
      (b) publication to users of its facilities of a formal consultation paper which includes clearly expressed reasons for the proposed changes and an appropriately detailed assessment of the likely costs and benefits;
      (c) adequate time for users of its facilities to respond to the consultation paper and for the Recognised Body to take their responses properly into account;
      (d) adequate arrangements for making responses to consultation available for inspection by users of its facilities, unless the respondent requests otherwise;
      (e) adequate arrangements for ensuring that the Recognised Body has proper regard to the representations received; and
      (f) publication, no later than the publication of the amended rules, of a reasoned account of the Recognised Body's decision to amend its rules.