Part 11Miscellaneous and general

Regulations and orders

147Regulations and orders

(1)

Regulations and orders of the Treasury under this Act are to be made by statutory instrument.

(2)

A statutory instrument containing—

(a)

regulations under section 29, 135 or 136, or

(b)

an order under section 134,

may not be made unless a draft of the instrument has been laid before and approved by a resolution of each House of Parliament.

(3)

A statutory instrument containing regulations or an order under section 18, 25, 49, 68, 83, F1or 97, or an order under section 118, is subject to annulment in pursuance of a resolution of either House of Parliament.