SCHEDULES

Prospective

[F1Schedule 2U.K.Compliance Officer

Textual Amendments

Modifications etc. (not altering text)

C1For expiry of Sch. 2 see s. 15

Annual reportU.K.

8(1)As soon as practicable after the end of each financial year, the Compliance Officer must—U.K.

(a)prepare a report about the performance of the Compliance Officer's functions during that financial year, and

(b)send the report to the IPSA.

(2)The IPSA must send the report to the Speaker of the House of Commons, who must lay it before each House of Parliament.

(3)When the Speaker lays the report, the Compliance Officer must publish it in such manner as the Compliance Officer considers appropriate.

(4)Financial year” means—

(a)the period beginning with the day on which a Compliance Officer is first appointed and ending with the next following 31 March, and

(b)each successive period of 12 months.]