(1) The industry body must, on an annual basis, review the manner in which the critical contingency operator has performed its obligations under these regulations in the preceding 12 months.
(2) The review must concentrate on the critical contingency operator's—
(a) compliance with its obligations under these regulations; and
(b) compliance with any performance standards agreed between the critical contingency operator and the industry body; and
(c) compliance with the provisions of the critical contingency operator service provider agreement.