# Finance Act 1996, Section 195: Regulations concerning administration: sub-delegation to the Board.


In section 98 of the Finance Act 1986 (Treasury regulations with respect to administration etc) after subsection (1) there shall be inserted—
“(1A) The power conferred on the Treasury by subsection (1) above includes power to make provision conferring or imposing on the Board functions which involve the exercise of a discretion.”

---
Source: https://www.legislation.gov.uk/ukpga/1996/8/section/195 (the official version)
Page: https://openlegislation.uk/finance-act-1996/section-195
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.