# Procurement Act 2023, Paragraph 13: Reports

Extent: E+W+S+N.I.

(1) Section 25 (reports on overheads and forward planning etc) is amended as follows.
(2) For subsection (3)(a) substitute—
“(a) where P is associated with one or more other persons—
(i) the ultimate parent undertaking in relation to P and those other persons, or
(ii) where permitted under the regulations in relation to a report mentioned in subsection (2), another person associated with P which that undertaking and the Secretary of State have agreed is to be a designated person in relation to that report, and”.
(3) After subsection (8) insert—
“(8A) In this section, “financial year” means a year beginning with 1 April or a year beginning with such other date as may be agreed between the Secretary of State and a designated person.”

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Source: https://www.legislation.gov.uk/ukpga/2023/54/schedule/10/paragraph/13 (the official version)
Page: https://openlegislation.uk/procurement-act-2023/schedule-10/paragraph-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.