Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 26 June 2017 - onwards
  Version 2 of 2    

Regulation 108 Review

(1) The Treasury must from time to time -

(a) carry out a review of the regulatory provision contained in these Regulations; and

(b) publish a report setting out the conclusions of the review.

(2) The first report must be published before 26th June 2022.

(3) Subsequent reports must be published at intervals not exceeding 5 years.

(4) Section 30(3) of the Small Business, Enterprise and Employment Act 2015 (provision for review) [2015 c.26.] requires that a review carried out under this regulation must, so far as is reasonable, have regard to how -

(a)the emission allowance auctioning regulation;

(b) the fourth money laundering directive; and

(c) the funds transfer regulation;

are implemented in other member States.

(5) Section 30(4) of the Small Business, Enterprise and Employment Act 2015 requires that a report published under this regulation must, in particular -

(a) set out the objectives intended to be achieved by the regulatory provision referred to in paragraph (1)(a);

(b) assess

Comparing proposed amendment...