F1PART 6REVIEW

Annotations:
Amendments (Textual)

Review14

1

The Secretary of State must from time to time—

F2a

carry out a review, respectively, of the provisions of these Regulations to which amendments have been made by—

i

Part 6 of the Limited Liability Partnerships, Partnerships and Groups (Accounts and Audit) Regulations 2016 (“the 2016 Regulations”), F8...

ii

Part 3 of the Companies (Miscellaneous Reporting) Regulations 2018, and

F9iii

Part 2 of the Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018, and

b

set out the conclusions of F3each review in a F4separate report, and

c

publish the report.

2

The report must, in particular—

a

set out the objectives intended to be achieved by those provisions,

b

assess the extent to which those objectives are achieved,

c

assess whether those objectives remain appropriate, and

d

if those objectives remain appropriate, assess the extent to which they could be achieved in another way which involves less onerous regulatory provision.

F123

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4

The first report under F5paragraph (1)(a)(i) must be published before the end of the period of 5 years beginning with the date on which the 2016 Regulations come into force.

F64A

The first report under paragraph (1)(a)(ii) must be published before the end of the period of 5 years beginning with the date on which Part 3 of the Companies (Miscellaneous Reporting) Regulations 2018 comes into force.

F104B

The first report under paragraph (1)(a)(iii) must be published before the end of the period of 5 years beginning with the date on which the Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018 come into force.

5

Subsequent reports under F7F11paragraphs (1)(a)(i) to (iii) respectively must be published at intervals not exceeding 5 years.

6

In this regulation, “regulatory provision” has the meaning given by section 32(4) of the Small Business, Enterprise and Employment Act 2015.