PART 7Miscellaneous
Parliamentary control of statutory instruments under FSMA 2000
136Amendments of section 429 of FSMA 2000
1
Section 429 of FSMA 2000 (Parliamentary control of statutory instruments) is amended as follows.
2
In subsection (1)(a) (orders subject to affirmative procedure)—
a
after “55C,” insert “71A(4),”, and
b
for “144(4), 192(b) or (e), 138K(6)(c)” substitute “138K(6)(c), 144(4), 192(b) or (e)”.
3
In subsection (2) (regulations subject to affirmative procedure), after “90B,” insert “142W,”.
4
After subsection (2) insert—
2A
Regulations to which subsection (2B) applies are not to be made unless a draft of the regulations has been laid before Parliament and approved by a resolution of each House.
2B
This subsection applies to regulations which contain provision made under section 410A, other than provision made only by virtue of subsection (2) of that section.
5
In subsection (8), for “or 23A” substitute “, 23A or 142Z”.