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13.—(1) The Treasury must from time to time—
(a)carry out a review of the regulatory provisions contained in these Regulations, and
(b)publish a report setting out the conclusions of the review.
(2) The first report must be published before 26th June 2022.
(3) Subsequent reports must be published at intervals not exceeding 5 years.
(4) Section 30(4) of the Small Business, Enterprise and Employment Act 2015(1) requires that a report published under this regulation must, in particular—
(a)set out the objectives intended to be achieved by the regulatory provisions referred to in paragraph (1)(a),
(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.