# Finance Act 2011, Paragraph 81

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

(1) The Treasury may, by order made by statutory instrument, make such amendments of this Schedule as they consider appropriate in consequence of—
(a) any change made to or replacement of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 ( S.I. 2001/544) (or any replacement),
(b) any change made to the PRA Rulebook, ...
(c) any change in international accounting standards ... , or
(d) any regulatory requirement, or change to any regulatory requirement, imposed by EU legislation, or by or under any Act (whenever adopted, enacted or made).
(1A) The Treasury may by regulations made by statutory instrument—
(a) amend Part 8 of this Schedule (definitions);
(b) amend other Parts of this Schedule in consequence of provision made under paragraph (a).
(1B) An order under sub-paragraph (1) or regulations under sub-paragraph (1A) may include transitional provision.
(2) An order under sub-paragraph (1) may have retrospective effect in relation to—
(a) any chargeable period in which the order is made, or
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) in the case of an order made on or before 30 June 2022, in relation to any chargeable period ending on or after 1 January 2022.
(2A) Regulations under sub-paragraph (1A) made on or before 30 June 2022 may have retrospective effect in relation to any chargeable period ending on or after 1 January 2022.
(3) A statutory instrument containing only an order under sub-paragraph (1) is subject to annulment in pursuance of a resolution of the House of Commons.
(4) Any other statutory instrument containing provision made under this paragraph may not be made unless a draft of the instrument has been laid before and approved by a resolution of the House of Commons.

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Source: https://www.legislation.gov.uk/ukpga/2011/11/schedule/19/paragraph/81 (the official version)
Page: https://openlegislation.uk/finance-act-2011/schedule-19/paragraph-81
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.