Search Legislation

Enterprise Act 2016

Status:

This is the original version (as it was originally enacted).

16Duty to report on effect of economic growth duty

This section has no associated Explanatory Notes

(1)After section 110 of the Deregulation Act 2015 insert—

110ADuty under section 108: performance reports and information requirements

(1)A person with regulatory functions to which section 108 applies (a “regulator”) must prepare and publish a performance report in respect of each reporting period.

(2)A performance report is a report about the effect of performance of the duty under section 108(1) on the way the regulator exercised its functions to which that section applies (its “relevant functions”).

(3)A performance report must include—

(a)the regulator’s assessment—

(i)of the views of persons carrying on businesses about the effect mentioned in subsection (2), and

(ii)of the impact on such persons of that effect;

(b)a description of the effect the regulator expects performance of the duty under section 108(1) to have on the way it exercises its relevant functions in future.

(4)In preparing and publishing a performance report a regulator must follow any guidance given from time to time by a Minister of the Crown, unless the regulator considers that there is a good reason not to do so.

(5)Guidance under subsection (4) may, in particular, include guidance as to—

(a)information or other matters to be included in a performance report;

(b)information to be obtained for the purposes of a performance report;

(c)the means by which information should be obtained for the purposes of a performance report.

(6)A performance report must be published no later than three months after the end of the reporting period concerned.

(7)A reporting period is a period of 12 months, except as provided by subsection (12)(b).

(8)A new reporting period begins immediately after the end of each reporting period.

(9)A regulator must give to a Minister of the Crown any information that the Minister may from time to time request which relates to—

(a)the effect of performance of the duty under section 108(1) on the way the regulator performs, has performed, or is expected to perform, its relevant functions,

(b)the views of persons carrying on businesses about the effect mentioned in paragraph (a) or the impact on such persons of that effect, or

(c)any aspect of a performance report in relation to which it appears to the Minister that guidance under subsection (4) has not been followed.

(10)A regulator is not required by this section to include in a performance report, or to give to a Minister of the Crown, information about the exercise of functions in relation to a particular person.

(11)This section is subject to any express restriction on disclosure imposed by another enactment (ignoring any restriction which allows disclosure if authorised by an enactment).

(12)A regulator’s first reporting period—

(a)begins—

(i)on the day on which section 16 of the Enterprise Act 2016 comes into force, or

(ii)in the case of a person that becomes a regulator (see subsection (1)) after that day, on the day on which the person becomes a regulator;

(b)is of a length determined by the regulator, but is not to exceed 12 months.

(2)In section 111 of that Act (interpretation of sections 108 to 110)—

(a)in the heading and subsection (1) for “110” substitute “110A”, and

(b)in subsection (4) for “and 110” substitute “to 110A”.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

See additional information alongside the content

Show Explanatory Notes for Sections: Displays relevant parts of the explanatory notes interweaved within the legislation content.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

Explanatory Notes

Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources