- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
43.—(1) The information described in each paragraph of this regulation may be expressed either—
(a)for each of the sites described under regulation 42(1)(b), or
(b)for each QBU,
and is only required for those sites or QBUs (as the case may be).
(2) The strategic industry capacity report must contain—
(a)a description of forecast costs for the five years following the last day of the designated person’s accounting period, and a description of any anticipated changes in accounting policies or business practices that could have a significant effect on those costs;
(b)a description of forecast labour requirements for those five years;
(c)if cost recovery rates are used for any QBUs, an estimate of what those rates are likely to be for each such QBU over those five years;
(d)a description of any policy—
(i)to employ apprentices or recent graduates,
(ii)to provide staff bonuses,
(iii)for training and development of personnel,
and the approximate cost of that policy;
(e)an explanation of the reasons for any material changes in the cost of maintaining industrial capacity; and
(f)a description of any likely event or change in circumstances relating to qualifying defence contracts, qualifying sub-contracts or other defence contracts which could have a material effect on the ability of the designated person to maintain its industrial capacity.
(3) The information required by paragraph (2) must be presented in the following categories—
(a)qualifying defence contracts or qualifying sub-contracts;
(b)other defence contracts;
(c)all other contracts.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: