1.Any power of the Treasury to make regulations under this Regulation is exercisable by statutory instrument.
2.The regulations may—
((a)contain incidental, supplemental, consequential and transitional provision, and
((b)make different provision for different purposes.
3.A statutory instrument containing regulations made by the Treasury under this Regulation is subject to annulment in pursuance of a resolution of either House of Parliament.]
Textual Amendments
F1Art. 16A inserted (31.12.2020) by The Interchange Fee (Amendment) (EU Exit) Regulations 2019 (revoked) 2019 (S.I. 2019/284), regs. 1(2), 11(3) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)