Part I The Regulator

Inquiries

17 Conclusion of inquiry.

1

On completion of an inquiry under section 15, the person holding the inquiry must make a written report to the Treasury—

a

setting out the result of the inquiry; and

b

making such recommendations (if any) as he considers appropriate.

2

The Treasury may publish the whole, or any part, of the report and may do so in such manner as they consider appropriate.

3

Subsection (4) applies if the Treasury propose to publish a report but consider that it contains material—

a

which relates to the affairs of a particular person whose interests would, in the opinion of the Treasury, be seriously prejudiced by publication of the material; or

b

the disclosure of which would be incompatible with an international obligation of the United Kingdom.

4

The Treasury must ensure that the material is removed before publication.

5

The Treasury must lay before each House of Parliament a copy of any report or part of a report published under subsection (2).

6

Any expenses reasonably incurred in holding an inquiry are to be met by the Treasury out of money provided by Parliament.