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Banking (Special Provisions) Act 2008

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This is the original version (as it was originally enacted).

13Orders and regulations: general

This section has no associated Explanatory Notes

(1)Orders and regulations under this Act are to be made by statutory instrument.

(2)Such orders and regulations—

(a)may make different provision for different cases or circumstances;

(b)may make such supplementary, incidental, consequential, transitory, transitional or saving provision as the Treasury consider appropriate.

(3)A statutory instrument which contains an order under section 5, 7, 8(6) or 11 (whether alone or with other provision) may not be made unless a draft of the instrument has been laid before, and approved by a resolution of, each House of Parliament.

(4)If a statutory instrument to which subsection (3) applies would, apart from this subsection, be treated as a hybrid instrument for the purposes of the Standing Orders of either House of Parliament, it is to proceed in that House as if it were not such an instrument.

(5)A statutory instrument containing an order under this Act to which subsection (3) does not apply is subject to annulment in pursuance of a resolution of either House of Parliament.

(6)A statutory instrument containing regulations under section 10 is subject to annulment in pursuance of a resolution of the House of Commons.

(7)Nothing in any provision of this Act that authorises the making of any order or regulations, or the making of any particular kind of provision by any order or regulations, affects the generality of any other such provision of this Act.

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