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.