Section 42 Suspension of prohibitions and requirementsC1I1
An appropriate Minister may make regulations (“suspending regulations”) providing that—
while the suspending regulations have effect, or
for a specified period,
a specified prohibition or requirement of regulations under section 1 is not to have effect.
In this section “specified” means specified in the suspending regulations.
A period specified under subsection (1)(b) may be expressed in any way, including, for example, being expressed in a way such that—
the period begins, or ends, when a specified condition is met, or
the period begins when a specified condition is met and lasts for so long as the suspending regulations or a specified provision of those regulations has effect.
Annotations
Modifications
- C1
Pt. 1: power to amend conferred (15.3.2022) by Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), ss. 66(1)(a), 69(3)
Commencement
- I1
S. 42 in force at 22.11.2018 by S.I. 2018/1213, reg. 2(b)