(1) This section applies to regulations which contain provision made under section 71K which provides for an activity of a specified description to be a designated activity.
(2) A statutory instrument containing regulations to which this section applies, other than regulations to which subsection (3) applies, may not be made unless a draft of the instrument has been laid before Parliament and approved by a resolution of each House.
(3) This subsection applies to regulations which contain a statement made by the Treasury that they are of the opinion that, by reason of urgency, it is necessary to make the regulations without a draft of the statutory instrument containing the regulations being laid and approved under subsection (2).
(4) Where subsection (3) applies to regulations, a statutory instrument containing the regulations must be laid before Parliament after being made.
(5) Regulations contained in a statutory instrument laid before Parliament under subsection (4) cease to have ef
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