# Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds and amending Directives 2008/48/EC and 2014/17/EU and Regulation (EU) No 596/2014 (Text with EEA relevance), Article 49: Regulations made by the Treasury

Extent: E+W+S+N.I.

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) make different provision for different purposes.
2A. Regulations made under Article 23G may not be made unless a draft of the statutory instrument containing them has been laid before and approved by a resolution of each House of Parliament.
3. Subject to paragraph 2A, a statutory instrument containing regulations made under this Regulation is subject to annulment in pursuance of a resolution of either House of Parliament.

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Source: https://www.legislation.gov.uk/eur/2016/1011/article/49 (the official version)
Page: https://openlegislation.uk/eu-regulation-2016-1011/article-49
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.