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Regulation 53 Annual reports

Original text. Later amendments are not shown.

(1)

The deposit management organisation must submit an annual report to the Secretary of State and the national enforcement authorities for each scheme year.

(2)

The annual report must set out how, and the extent to which, the deposit management organisation has in the relevant scheme year acted in accordance with its operational plan.

(3)

The annual report must be submitted to the Secretary of State and the national enforcement authorities as soon as is reasonably practicable, and in any event within a period of 6 weeks, beginning with the end of the scheme year to which it relates.