Regulation 81 Review by Secretary of State

(1)

The Secretary of State must from time to time—

(a)

carry out a review of—

(i)

these Regulations; and

(ii)

the functions conferred on the Authority by capacity market rules;

(b)

set out the conclusions in a report; and

(c)

publish the report.

(2)

The report must in particular—

(a)

set out the objectives intended to be achieved by these Regulations;

(b)

assess the extent to which those objectives are achieved; and

(c)

assess whether those objectives remain appropriate and, if so, the extent to which they could be achieved in a less burdensome way.

(3)

The first report under this regulation must be published before the end of the period of five years beginning with the date on which these Regulations come into force.

(4)

Reports under this regulation are, after the first report, to be published at intervals not exceeding five years.

(5)

In carrying out the review under paragraph (1)(a), the Secretary of State must take account of any reports published by the Authority under regulation 82 or provided to the Secretary of State under regulation 83.