(1)Schedule 7 (bank accounts) has effect.
(2)Before the end of the period mentioned in subsection (3), the Secretary of State must—
(a)review the operation of sections 40A to 40G of the Immigration Act 2014 (inserted by Schedule 7),
(b)prepare a report of the review, and
(c)lay a copy of the report before Parliament.
(3)The period referred to in subsection (2) is the period of 5 years beginning with the day on which Schedule 7 comes fully into force.