5
CurrentFunctions of GIO
5 Functions of GIO
(1)
The functions of the GIO under an approved scheme are —
(a)
to have day to day responsibility for overseeing and administering the scheme’s operations; and
(b)
to investigate and deal with a complaint referred to in section 11ZPZ(1)(a), (b) or (c) of the Act or regulation 4 to the extent that it relates to commercial activities of a member of the scheme that are within the scope of the licence held by the member.
(2)
It is not a function of the GIO to set prices or tariffs or determine price structures.
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