160Tax simplification.
(1)The Inland Revenue shall prepare and present to Treasury Ministers a report on tax simplification.
(2)The report shall be laid before Parliament and published before 31st December 1995.
(3)The report shall give—
(a)an account of recent tax legislation history;
(b)full details of recent annual additions to both primary and secondary legislation;
(c)a summary of recent criticism of both the complexity of tax legislation and of parliamentary procedure; and
(d)the advantages and disadvantages of possible solutions including a Royal Commission on taxation and a tax law commission.