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(1)The Secretary of State must review the OGA’s performance for each review period.
(2)The first review period—
(a)begins with the day on which section 1 comes into force, and
(b)ends at the end of the period of three years beginning with that day, or on such earlier day as the Secretary of State may determine.
(3)Subsequent review periods—
(a)begin with the day (“the first day”) after the last day of the preceding review period,
(b)end at the end of the period of three years beginning with the first day, or on such earlier day as the Secretary of State may determine.
(4)A review must, in particular—
(a)assess how effective the OGA has been in exercising its functions, and
(b)consider the OGA’s functions under—
(i)Part 2, and
(ii)Chapter 3 of Part 1 of the Energy Act 2008 (storage of carbon dioxide),
with regard to their fitness for purpose and scope.
(5)As soon as practicable after a review period, the Secretary of State must—
(a)publish a report of the findings of the review for that period, and
(b)lay a copy of the report before Parliament.
(6)As a result of the findings of a review, the Secretary of State may give guidance to the OGA about any matter relating to the OGA’s functions.
(7)The OGA must take account of any such guidance in carrying out its functions.
(8)For the purposes of this section “function” does not include any function which the OGA is authorised to exercise by virtue of—
(a)an order under section 69 of the Deregulation and Contracting Out Act 1994, or
(b)an agreement under section 7(3).