16Statutory instruments
(1)Any power conferred by this Act to make an order or regulations shall be exercisable by statutory instrument.
(2)Any statutory instrument made in pursuance of the foregoing subsection and containing an order made by virtue of paragraph (b) in section 15(1) of this Act shall be subject to annulment in pursuance of a resolution of the House of Commons.
(3)Any statutory instrument made in pursuance of subsection (1) of this section and containing regulations under this Act shall be laid before Parliament, except that a statutory instrument containing regulations made by virtue of section 11 of this Act with respect only to trustee savings banks and banks and departments certified as mentioned in subsection (1) of that section or to any of those bodies shall be laid before the House of Commons.