Regulation 23 Amendment of the SFT regulation

For Article 22 substitute—

“Article 22

Regulations: general provisions

1.

Any power to make regulations conferred on the Treasury by this Regulation, is exercisable by statutory instrument.

2.

Such regulations may:

(a)

contain incidental, supplemental, consequential and transitional provision, and

(b)

may make different provision for different purposes.

3.

A statutory instrument containing regulations made under this Regulation is subject to annulment in pursuance of a resolution in either House of Parliament.”.