Introductory text

Iron And Steel

Made at 4.08 p.m. on 15th July 2026

Coming into force 16th July 2026

Laid before Parliament at 9.15 a.m. on 16th July 2026

The Secretary of State makes the following Regulations in exercise of the powers conferred by sections 15(1) to (3), 16(2), 17, 18, 20(2) and (3), 22(1) and 61(2) of the Steel Industry (Nationalisation) Act 2026^f1 (“the 2026 Act”).

The Secretary of State considers it necessary to exercise the power in section 15(1) of the 2026 Act in respect of British Steel Limited in the public interest (in accordance with section 2(1) of the 2026 Act^f2).

The Secretary of State has considered the costs that the Secretary of State thinks are likely to be associated with the exercise of the power (in accordance with section 15(4) of the 2026 Act).

Annotations

Footnotes

f1: 2026 c. 27.
f2: Section 2(2) of the Steel Industry (Nationalisation) Act 2006 makes provision about what the public interest includes (but is not limited to).