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Regulation 15 Overseas insurance regulations: procedureF1

(1)

The power to make regulations under this Part is exercisable by statutory instrument.

(2)

A statutory instrument which contains regulations made under this Part is subject to annulment in pursuance of a resolution of either House of Parliament.

(3)

Regulations made under this Part may make—

(a)

incidental, supplemental, consequential, transitional, transitory or saving provision;

(b)

different provision for different purposes.

Annotations

Textual amendments

F1

Pt. 4 inserted (31.12.2024) by The Insurance and Reinsurance Undertakings (Overseas Insurance Regime, Transitional Provisions, etc.) Regulations 2024 (S.I. 2024/1116), regs. 1(2), 4