News story

OTS legislation goes live

OTS gains wider remit with the triggering of legislation in Finance Act 2016

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Following the decision to make the OTS a permanent, independent Office of HM Treasury in July 2015, the statutory instrument (SI 2016/113) triggering the legislation contained in Finance Act 2016 has been made. This puts the OTS on a statutory footing and with an expanded role and wider remit as from 28 November 2016.

Published 6 December 2016