PART 5Review

15

1

The Secretary of State must from time to time—

a

carry out a review of the regulatory provision contained in these Regulations, and

b

publish a report setting out the conclusions of the review.

2

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

3

Subsequent reports must be published at intervals not exceeding 5 years.

4

Section 30(4) of the Small Business, Enterprise and Employment Act 201518 requires that a report published under this regulation must, in particular—

a

set out the objectives intended to be achieved by the regulatory provision referred to in paragraph (1)(a);

b

assess the extent to which those objectives are achieved;

c

assess whether those objectives remain appropriate;

d

if those objectives remain appropriate, assess the extent to which they could be achieved in another way which involves less onerous regulatory provision.

5

In this regulation, “regulatory provision” has the same meaning as in sections 28 to 32 of the Small Business, Enterprise and Employment Act 2015 (see section 32 of that Act).