PART 2Regulatory reform
Business impact target
24Additional matters to be included in reports
1
This section makes provision supplementary to section 23.
2
An assessment in respect of a qualifying regulatory provision may be included in a report by virtue of section 23(3)(b) only if the assessment is verified by the body appointed under section 25.
3
Subsection (4) applies if an assessment in respect of a qualifying regulatory provision is not included in a report in respect of a reporting period mentioned in any of section 23(7)(a) to (d) because of subsection (2) above.
4
The report in respect of the immediately following reporting period must include an assessment of the economic impact on business activities of that qualifying regulatory provision.
5
Subsection (6) applies to any report in respect of the reporting period mentioned in section 23(7)(c).
6
The report must include an assessment of the extent to which the interim target has been met.
7
Subsection (8) applies to any report in respect of the reporting period mentioned in section 23(7)(e).
8
The report must include an assessment of the extent to which the business impact target has been met.