SCHEDULES

SCHEDULE 17Use of forest risk commodities in commercial activity

PART 1Requirements

3Due diligence system

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.