PART 4Review of regulatory provision
Requirement to carry out a review of the regulatory provision in Part 213
1
The Secretary of State must from time to time—
a
carry out a review of the regulatory provision contained in Part 2, and
b
publish a report setting out the conclusions of the review.
2
The first report must be published before the end of the period of 5 years beginning with the day on which these Regulations come into force.
3
Subsequent reports must be published at intervals not exceeding 5 years.
4
Section 30(4) of the Small Business, Enterprise and Employment Act 20154 requires that a report published under this regulation must in particular—
a
set out the objectives intended to be achieved by the regulatory provision,
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.
5
In this regulation, “regulatory provision” has the same meaning as in sections 28 to 32 of the Small Business, Enterprise and Employment Act 2015 (see section 32 of that Act).