Details of the Section
2.Subsection (1) of this section provides that in each financial year HM Treasury must prepare a report.
3.Subsection (2) defines the information which must be contained in the report.
4.Subsection (3) provides that the report for a financial year must be laid before the House of Commons as soon as is reasonably practicable after the end of that year.
5.Subsection (5) provides that this section has effect in relation to financial years ending on or after 31 March 2014.