[23A Code of practice: performance reports and information requirements]
Legislative and Regulatory Reform Act 2006 (2006 c 51) | Legislation

[23A  Code of practice: performance reports and information requirements]

[(1)     A relevant 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 duties in section 22 (duties to have regard to code of practice) on the way the relevant regulator exercised its relevant functions.

(3)     A relevant regulator is a person with regulatory functions to which section 22 applies, other than a local authority.

(4)     A performance report must include—

(a)     the relevant 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 relevant regulator expects performance of the duties in section 22 to have on the way it exercises its relevant functions in future.

(5)

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