Section 45 Revocation and amendment of regulations under section 1C1I1
Section 1 includes a power, by further regulations under that section (“new regulations”)—
to revoke any regulations under that section, or
to amend any regulations under that section where the condition in subsection (2) below is met.
The condition referred to in subsection (1)(b) is that the appropriate Minister making the new regulations—
considers that the regulations being amended will, as amended, be sanctions regulations within the meaning given by section 1(5) that are appropriate for the purpose stated in them under section 1(3). F1...
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In relation to section 1, this section has effect in place of section 14 of the Interpretation Act 1978 (implied power to revoke and amend).
Annotations
Textual amendments
- F1
Word in s. 45(2)(a) omitted (15.3.2022) by virtue of Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), ss. 57(4)(a)(i), 69(3)
- F2
S. 45(2)(b) omitted (15.3.2022) by virtue of Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), ss. 57(4)(a)(ii), 69(3)
- F3
S. 45(3)-(5) omitted (15.3.2022) by virtue of Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), ss. 57(4)(b), 69(3)
- F4
Words in s. 45(6) omitted (15.3.2022) by virtue of Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), ss. 57(4)(c), 69(3)
- F5
Words in s. 45(6) omitted (15.3.2022) by virtue of Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), ss. 62(3), 69(3)
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. 45 in force at 22.11.2018 by S.I. 2018/1213, reg. 2(b)