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Part 11Miscellaneous and general

Regulations and orders

147Regulations and orders

(1)Regulations and orders of the Treasury under this Act are to be made by statutory instrument.

(2)A statutory instrument containing—

(a)regulations under section 29, 135 or 136, or

(b)an order under section 134,

may not be made unless a draft of the instrument has been laid before and approved by a resolution of each House of Parliament.

(3)A statutory instrument containing regulations or an order under section 18, 25, 49, 68, 83, 97 or 118 is subject to annulment in pursuance of a resolution of either House of Parliament.