[110A Duty under section 108: performance reports and information requirements]

[110A  Duty under section 108: performance reports and information requirements]

[(1)     A person with regulatory functions to which section 108 applies (a “regulator”) must prepare and publish a performance report in respect of each reporting period.

(2)     A performance report is a report about the effect of performance of the duty under section 108(1) on the way the regulator exercised its functions to which that section applies (its “relevant functions”).

(3)     A performance report must include—

(a)     the regulator's assessment—

(i)     of the views of persons carrying on businesses about the effect mentioned in subsection (2), and

(ii)     of the impact on such persons of that effect;

(b)     a description of the effect the regulator expects performance

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