Part 12

Supplementary provisions
Chapter 6

Final provisions

Orders and regulations

Orders and regulations made by Treasury or Commissioners
570B
1
Any orders or regulations made by the Treasury or the Commissioners for Her Majesty's Revenue and Customs under this Act must be made by statutory instrument.
2
Any orders or regulations made by the Treasury or the Commissioners under this Act are subject to annulment in pursuance of a resolution of the House of Commons.
3
Subsection (2) does not apply to any regulations made under section
45P,
45R,
70YJ or 270BNC
or any order made under section 82(4)(d).
4
An instrument containing regulations under section
45P
, 45R
or
270BNC
must be laid before the House of Commons after being made.
5
If the regulations are not approved by the House of Commons before the end of the period of 28 days beginning with the day on which they are made, they cease to have effect at the end of that period (if they have not already ceased to have effect under subsection
(6)
).
6
If, on any day during that period of 28 days, the House of Commons, in proceedings on a motion that (or to the effect that) the regulations be approved, comes to a decision rejecting the regulations, they shall cease to have effect at the end of that day.
7
In reckoning any such period of 28 days, no account is to be taken of any time during which—
a
Parliament is prorogued or dissolved, or
b
the House of Commons is adjourned for more than four days.
8
Where regulations cease to have effect under subsection
(6)
, their ceasing to have effect is without prejudice to anything done in reliance on them.
S. 45H(2) modified (with effect in accordance with s. 167 of the amending Act) by Finance Act 2003 (c. 14) , Sch. 30 para. 7
S. 570B and cross-heading inserted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 409 (with Sch. 2)
Words in s. 570B(3) substituted (10.6.2021) by Finance Act 2021 (c. 26), Sch. 22 para. 16(2)
Word in s. 570B(3) inserted (24.2.2022) by Finance Act 2022 (c. 3), Sch. 16 para. 4(2)
S. 570B(4)-(8) inserted (10.6.2021) by Finance Act 2021 (c. 26), Sch. 22 para. 16(3)
Word in s. 570B(4) inserted (24.2.2022) by Finance Act 2022 (c. 3), Sch. 16 para. 4(3)