Due diligence system
3(1)A regulated person in relation to a forest risk commodity who uses that commodity or a product derived from that commodity in their UK commercial activities must establish and implement a due diligence system in relation to that commodity.
(2)In this Schedule a “due diligence system”, in relation to a forest risk commodity, means a system for—
(a)identifying, and obtaining information about, that commodity,
(b)assessing the risk that relevant local laws were not complied with in relation to that commodity, and
(c)mitigating that risk.
(3)The Secretary of State may by regulations make further provision about the matters in sub-paragraph (2)(a) to (c), including in particular—
(a)the information that should be obtained;
(b)the criteria to be used in assessing risk;
(c)the ways in which risk may be mitigated.