(1)No regulations may be made under section 11(1) after the end of a period of 5 years beginning with exit day.
(2)But the Welsh Ministers may by regulations extend the period mentioned in subsection (1).
(3)Regulations under subsection (2)—
(a)may extend the period on more than one occasion;
(b)must come into force before the end of the period mentioned in subsection (1) or, if the period has been extended by previous regulations, the end of that extended period;
(c)must not extend the period on any occasion for more than 5 years.
(4)Before making regulations under subsection (2), the Welsh Ministers must lay before the National Assembly for Wales a report on—
(a)the operation and effect of the power in section 11(1) and provision made under it, and
(b)the continuing need or otherwise for the power.
(5)In preparing a report, the Welsh Ministers must consult such persons as they consider appropriate.
(6)A report does not need to deal with a period dealt with in a previous report.