Section 138J(2)

The draft must be accompanied by— a cost benefit analysis, an explanation of the purpose of the proposed rules, an explanation of the ways in which having regard to specified matters under section 138EA(2) has affected the proposed rules, any statement prepared under section 138K(2), an explanation of the PRA's reasons for believing that making the proposed rules is compatible with its duties under— section 2B(1) or, as the case requires, section 2C(1) or 2D(3), and section 2H, and notice that representations about the proposals may be made to the PRA within a specified time.

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Source: legislation.gov.uk · retrieved 2026-09-04