The Legislative Reform (Lloyd’s) Order 2008

Statutory Instruments

2008 No. 3001

Regulatory Reform

The Legislative Reform (Lloyd’s) Order 2008

Made

18th November 2008

Coming into force

19th November 2008

The Treasury, in exercise of the powers conferred by section 1 of the Legislative and Regulatory Reform Act 2006(1), makes the following Order.

For the purposes of section 3(1) of the Legislative and Regulatory Reform Act 2006, the Treasury considers that the conditions under section 3(2), where relevant, are satisfied.

The Treasury has consulted in accordance with section 13(1) of that Act, and has laid a draft order and an explanatory document before Parliament in accordance with section 14(1) of that Act.

Pursuant to section 15 of that Act, the affirmative resolution procedure (within the meaning of Part 1 of that Act) applies in relation to the making of the Order.

In accordance with section 17(2) of that Act, the draft has been approved by resolution of each House of Parliament after the expiry of the 40-day period referred to in that provision.

(1)

2006 c. 51. Section 32(1) of that Act defines “Minister of the Crown” for the purposes of the Act. Sections 1, 4, 11, 13, 24 and 27 of that Act have been amended by S.I.2007/1388.