PART 12Office of Tax Simplification

188Review of the OTS

1

The Treasury must, before the end of each review period, conduct a review of the effectiveness of the OTS in performing its functions.

2

The “review period” means—

a

in relation to the first review, the period of 5 years beginning with the day on which this section comes into force, and

b

in relation to subsequent reviews, the period of 5 years beginning with the day on which the previous review was completed.

3

The Treasury must prepare and publish a report of each review.