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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 March 2024 - onwards
Version 5 of 5

40. Orders

(1) Any power of the Treasury to make an order under this Act shall be exercisable by statutory instrument.

(2) An order under -

section 1A(1),

section 17(4) or (5), or

paragraph 3(2) of Schedule 7,

shall not be made unless a draft of the order has been laid before and approved by resolution of each House of Parliament.

(3) A statutory instrument containing an order under-

section 23(2),

paragraph 1(5) of Schedule 4, or

paragraph 3(3) of Schedule 7,

shall be subject to annulment in pursuance of a resolution of either House of Parliament.

(4) A statutory instrument containing an order under section 33 shall be subject to annulment in pursuance of a resolution of the House of Commons.