Paragraph 22 Regulations

United Kingdom

(1)

Regulations under this Schedule may—

(a)

make different provision for different purposes;

(b)

provide for exceptions to any requirement imposed by the regulations;

(c)

make provision by reference to things specified in a notice that is—

(i)

published by HMRC in accordance with the regulations, and

(ii)

not withdrawn by a further notice;

(d)

make consequential, supplementary, incidental, transitional or saving provision.

(2)

Regulations under paragraph 1 (provision of data to HMRC on an ongoing basis) or 3 (due diligence and record-keeping) may make provision by reference to a document as amended from time to time.

(3)

Regulations under this Schedule are to be made by statutory instrument.

(4)

A statutory instrument containing regulations under paragraph 21 (power to change amount of penalties) which increase the amount of a penalty by more than is necessary to reflect a change in the value of money may not be made unless a draft of the instrument has been laid before and approved by a resolution of the House of Commons.

(5)

Any other statutory instrument containing regulations under this Schedule is subject to annulment in pursuance of a resolution of the House of Commons.