Mr. Chairman, I'm not hung up on the word “directed”. This is not a direction in the legal sense of the word, with a solicitor–client document that's being approved by a solicitor. It's being used in the plain English sense of the word: “...those objectives are most likely to be achieved when...regulation and strategic public intervention are directed to achieve economic or environmental or safety, security or other social outcomes...”.
That's not a direction. I don't think it's incompatible with the regulation. I think it's in the plain English sense of the word. It means that it's put in the direction of, that “regulation and strategic public intervention” are put in the direction of, are directed toward something, “to achieve economic or environmental or safety, security or other social outcomes”.
I don't understand the concern with the word “directed” at all. It's the plainest English language word we could find.