Review4

1

The Secretary of State must from time to time—

a

carry out a review of regulations 1 to 3,

b

set out the conclusions of the review in a report, and

c

publish the report.

2

The report must in particular—

a

set out the objectives intended to be achieved by the regulatory system established by regulations 1 to 3,

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.

3

The first report under this regulation must be published before the end of the period of five years beginning with 3rd February 2017.

4

Reports under this regulation are afterwards to be published at intervals not exceeding five years.