EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations make consequential provision in exercise of the powers in section 41(1) and (2) of the European Union (Withdrawal Agreement) Act 2020 (c. 1) (“the Act”).
These Regulations update references to “exit day” (in regulation 3 and the Schedule) and “exit” (in regulation 2) in UK statutory instruments in consequence on the Act, where considered appropriate, such that they refer instead to “IP completion day” (as defined in section 39 of the Act).
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen.