The Principal Act is amended by the insertion of the following section after section 933:
(1) Section 933(1) applies to the interpretation of this section as it applies to the interpretation of section 933.
(2) Subject to subsection (3), if the Supervisory Authority believes on reasonable grounds -
(a) if the relevant body falls within paragraph (a) of the definition of 'relevant body', that the body did not comply with the approved investigation and disciplinary procedures, or
(b) if the relevant body falls within paragraph (b) of the definition of 'relevant body', that the body did not comply with the applicable provisions in performing the Part 27 function,
the Supervisory Authority and the relevant body may, at their absolute discretion, enter into an agreement (in this section referred to as a 'section 933A agreement') to resolve the matters the subject of the non-compliance.
(3) The following provisions shall apply to the section 933A agreement:
(a) the agreement may be en
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