Regulation 14 Amendment of the SFT regulation

In Article 11—

(a)

in paragraph (1)—

(i)

for “delegated acts” substitute “statutory instruments”;

(ii)

omit from “as well as the reimbursement of any costs” to “shall be construed as references to paragraph 2 of this Article”;

(b)

in paragraph (2) for “The Commission shall be empowered to adopt a delegated act in accordance with Article 30 to” substitute “The Treasury may, by statutory instrument subject to annulment in pursuance of a resolution of either House of Parliament,”.