Schedule 17: Use of forest risk commodities in commercial activity Part 1: Requirements Annual report on due diligence system
Paragraph 4 requires a regulated person who uses forest risk commodities in their UK commercial activities, or products derived from them, to provide a report on the actions taken in Paragraph 3 to establish and implement a due diligence system for the regulated commodity. Reports are to be provided for each annual reporting period.
	Sub-paragraph (2) requires the regulated person to provide their report within 6 months after the end of the reporting period, and no later than this.
	Sub-paragraph (3) allows the Secretary of State to make regulations containing details of the content and form of the report, and how they should be provided to the relevant authority.
	Sub-paragraph (4) requires the relevant authority to make reports from regulated persons under this paragraph available to the public. The extent and way in which these reports would be made public would be set out in regulations made by the Secretary of State.
	Sub-paragraph (5) defines the term "relevant authority" as the Secretary of State, or another person if the Secretary of State has specified that person to be the relevant authority in regulations.
	Sub-paragraph (6) defines the "reporting period" for the Schedule as the day in which the requirements come into force until the following 31 March, and then each successive period of 1 year after that. This means that the reporting period is the same as the UK’s financial year.