PART 12Office of Tax Simplification

188Review of the OTS

(1)

The Treasury must, before the end of each review period, conduct a review of the effectiveness of the OTS in performing its functions.

(2)

The “review period” means—

(a)

in relation to the first review, the period of 5 years beginning with the day on which this section comes into force, and

(b)

in relation to subsequent reviews, the period of 5 years beginning with the day on which the previous review was completed.

(3)

The Treasury must prepare and publish a report of each review.