PART 1

Collective money purchase benefits

Supplementary

Regulations
51
1
Regulations under this Part are to be made by statutory instrument.
2
A power to make regulations under this Part may be used—
a
to make different provision for different purposes;
b
to make provision in relation to all or only some of the purposes for which it may be used.
3
Regulations under this Part may—
a
confer a discretion on a person;
b
make consequential, supplementary or incidental provision;
c
make transitional, transitory or saving provision.
4
Where regulations under this Part are subject to “negative resolution procedure”, the statutory instrument containing the regulations is subject to annulment in pursuance of a resolution of either House of Parliament.
5
Where regulations under this Part are subject to “affirmative resolution procedure”, the regulations must not be made unless a draft of the statutory instrument containing them has been laid before Parliament and approved by a resolution of each House of Parliament.
6
Any provision that may be made by regulations under this Part subject to negative resolution procedure may be made by regulations subject to affirmative resolution procedure.