Harbours Act 2015

Performance review of transferred company

21. (1) A local authority chief executive—

(a) shall at the end of the period of 3 years beginning on the company transfer day of a company to the local authority of which he or she is its chief executive, and

(b) may at the end of each subsequent period of 5 years beginning on the expiration of the last previous period,

appoint a suitably qualified person to carry out an examination as to the efficiency and cost-effectiveness of the performance by the transferred company of its functions and to report in writing to the local authority chief executive of the results of the examination.

(2) Any examination and report referred to in subsection (1) shall be completed by the person appointed under that subsection within the period of 4 months from the date of his or her appointment.

(3) A local authority chief executive shall submit a copy of a report under subsection (1) to the transferred company to which the report relates.

(4) A local authority chief executive shall report to the elected council on the findings of a report under subsection (1).