Article 13 Review
The Treasury must from time to time—
carry out a review of the regulatory provision contained in this Order; and
publish a report setting out the conclusions of the review.
The first report must be published before the end of the period of five years beginning with the initial commencement date.
Subsequent reports must be published at intervals not exceeding five years.
Each report must in particular—
set out the objectives intended to be achieved by the regulatory provision referred to in paragraph (1)(a),
assess the extent to which those objectives are achieved,
assess whether those objectives remain appropriate, and
if those objectives remain appropriate, assess the extent to which they could be achieved in another way which involves less onerous regulatory provision.
In this article, “regulatory provision” has the same meaning as in sections 28 to 32 of the Small Business, Enterprise and Employment Act 2015f1 (duty to review regulatory provisions in secondary legislation) (see section 32 of that Act).
Annotations
Footnotes
- f1