PART 5Review
Review33
1
The Treasury must from time to time—
a
carry out a review of this Order;
b
set out the conclusions of the review in a report; and
c
publish the report.
2
In carrying out the review the Treasury must, so far as is reasonable, have regard to how the mortgages directive (which is implemented by means of this Order) is implemented in other EEA States.
3
The report must in particular—
a
set out the objectives intended to be achieved by the regulatory system established by this Order;
b
assess the extent to which those objectives are achieved; and
c
assess whether those objectives remain appropriate and, if so, the extent to which they could be achieved with a system that imposes less regulation.
4
The first report under this article must be published on or before 1st September 2018.
5
Reports under this article are afterwards to be published at intervals not exceeding five years.