News story

OTS legislation

The legislation to put the OTS on a permanent, statutory basis has been published as part of the draft Finance Bill

Following the Chancellor鈥檚 announcement in the Summer Budget that the OTS is to be made permanent and put onto a statutory basis, the government has published draft legislation and explanatory notes, as part of the draft Finance Bill 2016 material published on 9 December. The clauses give effect to the Chancellor鈥檚 commitment and expand the OTS鈥檚 role.

Updates to this page

Published 17 December 2015