(1) A pooling scheme is governed by the rules of the scheme adopted by the members of the scheme.
(2) The rules—
S. 8.4.10(2)(a) substituted by No. 27/2013 s. 18(1).
(a) must not be inconsistent with this Act or the regulations; and
(b) must deal with the matters specified from time to time by the Commission in a notice published under section 8.4.11.
(3) The rules of a pooling scheme take effect—
(a) 28 days after a copy of the rules or the amendment has been given to the Commission; or
(b) if the Commission agrees, from an earlier date specified by the Commission.