delete Approval of fees provisions
Conferral of functions on CTSI to administer ADR accreditation, fee approval, enforcement, and reporting under the DMCC Act 2024. Sets procedural requirements for ADR providers and mandates quarterly/annual reports to the Secretary of State.
Creates a state-backed accreditation monopoly that raises barriers to entry, imposes costly reporting burdens, and stifles competition. Unseen effect: consumers lose access to cheaper, innovative ADR services as providers navigate bureaucratic hurdles and fee controls. Market-based reputation systems would achieve quality without regulatory overhead.