Section 15 Short title, interpretation, commencement, etc.I1

This Act may be cited as the Export and Investment Guarantees Act 1991.

In this Act “the old law” means the M1Export Guarantees and Overseas Investment Act 1978 and any earlier enactment from which any provision of that Act was derived.

Any power to make an order under section 5 or 6 of this Act shall be exercisable by statutory instrument and no such order shall be made unless a draft of it has been laid before and approved by resolution of the House of Commons.

The Export Guarantees and Overseas Investment Act 1978 is repealed.

Subsection (4) above does not affect any power exercisable by the Secretary of State in respect of arrangements made under the old law.

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