(1) This section applies to orders or regulations under this Act made by the Treasury or the Secretary of State.
(2) Orders or regulations -
(a) may contain incidental, supplementary, consequential, transitory, transitional or saving provision, and
(b) may make different provision for different cases or circumstances.
(3) Orders or regulations are to be made by statutory instrument.
(4) Where orders or regulations are subject to "affirmative resolution procedure" the orders or regulations may not be made unless a draft of the statutory instrument containing them has been laid before, and approved by a resolution of, each House of Parliament.
(5) Where orders or regulations are subject to "negative resolution procedure" the statutory instrument containing them is subject to annulment in pursuance of a resolution of either House of Parliament.