Terrorist Asset-Freezing etc. Act 2010

47Power to repeal PartU.K.
This section has no associated Explanatory Notes

(1)This section applies if the Security Council of the United Nations takes any decision that has the effect of terminating (permanently and without replacement) the operation of the relevant Security Council resolutions (in whole or in part).

(2)The Treasury must lay before Parliament a draft order repealing this Part (in whole or in part) in accordance with the decision.

(3)Any such order—

(a)may contain such incidental, consequential, supplementary, transitional, transitory or saving provision as the Treasury consider appropriate (including provision amending or repealing any enactment, whether in this Part or elsewhere),

(b)must be made by statutory instrument, and

(c)is not to be made unless the draft is approved by a resolution of each House of Parliament.