- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Legislative Reform (Industrial and Provident Societies and Credit Unions) Order 2011 No. 2687
Draft Order laid before Parliament under section 14(1) of the Legislative and Regulatory Reform Act 2006, for approval by resolution of each House of Parliament. This version replaces that laid before Parliament on 25th November 2009.
Draft Statutory Instruments
Regulatory Reform
Made
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Coming into force [in accordance with article 1]
The Treasury, in exercise of the power conferred by section 1 of the Legislative and Regulatory Reform Act 2006(1), make the following Order.
For the purposes of section 3(1) of that Act, they consider, where relevant, that the conditions in section 3(2) are satisfied.
They have consulted in accordance with section 13(1) and (2) of that Act.
They have laid a draft Order and an explanatory document before Parliament in accordance with section 14(1) of that Act.
Pursuant to section 15 of that Act, the super-affirmative resolution procedure (within the meaning of Part 1 of that Act) applies in relation to the making of the Order.
The period of 60 days referred to in section 18(2) of that Act has expired.
In accordance with section 18(2) of that Act, they have had regard to any representations, resolutions and resolution and recommendations made during that period and in particular to [name any Parliamentary report].
In accordance with section 18(3) of that Act, they have laid a statement before Parliament.
In accordance with section 18(4) of that Act, the draft Order has been approved by resolution of each House of Parliament.
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Draft Explanatory Memorandum sets out a brief statement of the purpose of a Draft Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Draft Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
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