New clause 2—Review of the role of the regulator in oversight of public protection requirements—

“(1) Within 18 months of the passing of this Act, the Secretary of State must lay before each House of Parliament a report reviewing the role of the Security Industry Authority as the regulator.

(2) The report must include a cost-benefit analysis comparing the respective situation for each of the matters listed in subsection (3) on how—

(a) these have been carried out by the Security Industry Authority, and

(b) they might be carried by local authority teams if the regulatory duties were transferred to them.

(3) The issues which must be included in the analysis contained in the report laid under subsection (1) are—

(a) effectiveness in performing investigation and enforcement functions;

(b) relationship and synergies with other locally-based enforcement regimes;

(c) relationship and interaction with existing statutory licensing regimes; and

(d) effectiveness of provision of guidance as part of oversight, adherence and awareness of the new public protection requirements.”

This new clause would require a report reviewing the role of the Security Industry Authority, including a comparative cost-benefit analysis of the regulatory functions being carried out by the Security Industry Authority with those functions being provided alternatively at a local authority level.

Schedule 3.