The regulator may at any time make proposals to the Secretary of State for the making of regulations under this Act.
Before making a proposal, the regulator must consult such persons as it considers appropriate.
Before making any regulations under this Act, other than regulations proposed by the regulator, the Secretary of State must consult—
the regulator, and
any other person that the Secretary of State considers appropriate.
This section does not apply in relation to regulations under section 120D.