Commentary on Sections and Schedules Section 3: Progress and compliance reports
22.Section 3 makes provision in relation to reporting on the progress towards and compliance with duties made under or by virtue of sections 1 and 2. Subsections (1) to (6) set out provision for reporting on the initial duties; subsection (7) requires the Treasury to make provision in an Order made under section 2 for reporting on subsequent duties.
23.Subsection (8) states that the code for fiscal stability may make provision about the content and form of reports made under or by virtue of section 3.