Date-stamp loading
Version status: Omitted | Document consolidation status: Updated to reflect all known changes
Version date: 29 August 2023 - onwards
  Version 5 of 5    

22. Sections 21 and 23 to 25: "qualifying regulatory provisions" etc

Omitted from 29 August 2023

(1) This section applies for the purposes of sections 21 and 23 to 25.

(2) "Qualifying regulatory provisions" means regulatory provisions which the Secretary of State determines are to be qualifying regulatory provisions for the purposes of section 21(1)(a).

(3) A "regulatory provision", in relation to a business activity, means a statutory provision which -

(a) imposes or amends requirements, restrictions or conditions, or sets or amends standards or gives or amends guidance, in relation to the activity, or

(b) relates to the securing of compliance with, or the enforcement of, requirements, restrictions, conditions, standards or guidance which relate to the activity.

(4) But a "regulatory provision" does not include a statutory provision if or to the extent that -

(a) it makes or amends -

(i) provision imposing, abolishing or varying any tax, duty, levy or other charge, or

(ii) provision in connection with provision falling within subparagraph (i);

(b) it makes or amends provisio

Comparing proposed amendment...