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Article 38 Treasury RegulationsF1

United Kingdom

Original text. Later amendments are not shown.

1.

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

2.

Such regulations may—

(a)

make incidental, supplemental, consequential or transitional provision;

(b)

make different provision for different purposes; and

(c)

amend or revoke any decision to which Article 5(1)(b)(ii) refers.

3.

Unless paragraph 4 applies, a statutory instrument containing regulations made under this Regulation is subject to annulment in pursuance of a resolution of either House of Parliament.

4.

A statutory instrument containing regulations made in exercise of the power in subparagraph 3 of Article 5(6) may not be made unless a draft of the instrument has been laid before Parliament and approved by a resolution of each House.

Annotations

Textual amendments

F1

Art. 38 substituted (31.12.2020) by The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/266), regs. 1(3), 96(1) (as amended by S.I. 2020/628, regs. 1(3), 9(4); S.I. 2020/1055, regs. 1(2), 14) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)

Notes on Title IV

Textual amendments

F1

Title 4 heading substituted (31.12.2020) by The Credit Rating Agencies (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/266), regs. 1(3), 93 (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)

Notes on Chapter I

Textual amendments

F1

Substituted by Regulation (EU) No 513/2011 of the European Parliament and of the Council of 11 May 2011 amending Regulation (EC) No 1060/2009 on credit rating agencies (Text with EEA relevance).