326 Designation of professional bodies
326 Designation of professional bodies

(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—

(a)     the basic condition, and

(b)     one or more of the additional conditions,

are met in relation to it.