Section 83Z2 Enforcement: share transfer orders
(1)
F1The Treasury may by regulations make provision for the enforcement of obligations imposed by or under a share transfer order.
(2)
Regulations—
(a)
may confer jurisdiction on a court or tribunal,
(b)
may not impose a penalty or create a criminal offence,
(c)
may make provision which has effect in respect of an order only if applied by the order.
(3)
Regulations are to be made by statutory instrument and are subject to annulment in pursuance of a resolution of either House of Parliament.
Annotations
Textual amendments
- F1
Pt. 1 Ch. 4 inserted (1.1.2015) by The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 97