(1) This section applies for each financial year of a relevant
service provider starting on or after the regulator gives the provider a
notice requiring the provider to prepare performance reports.
(2) The
provider must, unless the provider has a reasonable excuse—
(a) prepare a
report (a
"performance report" ) for the financial year complying with this section and,
if section 142C(2) applies to the provider, that subsection; and
(b) give
the regulator a copy of the report on or before 1 October occurring
immediately after the financial year ends.