Regulations
4
1
Any power to make regulations under this Act is exercisable by statutory instrument.
2
A statutory instrument containing (whether alone or with other provision)—
a
the first regulations under section 1(5),
b
the first regulations under any of paragraphs 4, 7(1)(a), 7(3), 7(4), 7(5), 8(2), 8(7) and 11 of Schedule 1,
c
regulations under paragraph 17(5) of Schedule 1 which result in a specified amount being increased,
d
regulations under paragraph 3(6)(a) of Schedule 2 which result in the maturity period being shortened,
e
the first regulations under any of paragraphs 3(7), 5(1), 6(1), 7(2), 10(1)(b), 15(2) and 16 of Schedule 2, or
f
regulations under paragraph 10(2) of Schedule 2 which result in the maximum monthly amount being decreased,
is not to be made unless a draft of the instrument has been laid before, and approved by a resolution of, the House of Commons.
3
A statutory instrument which—
a
contains regulations under this Act, and
b
is not subject to a requirement that a draft of the instrument be laid before, and approved by a resolution of, the House of Commons,
is subject to annulment in pursuance of a resolution of the House of Commons.
4
Subsection (3) does not apply to regulations under section 6(3).
5
For the purposes of subsection (2)(b), regulations under paragraph 2(2) of Schedule 1 that could be made under a provision listed in subsection (2)(b) are treated as regulations under that provision.
6
Regulations under this Act may—
a
apply generally or only in specified cases or circumstances;
b
make different provision for different cases or circumstances;
c
include consequential, supplementary or incidental provision;
d
include transitory or transitional provision or savings.