Search Legislation

Financial Services (Banking Reform) Act 2013

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Section 143

 Help about opening options

Changes to legislation:

Financial Services (Banking Reform) Act 2013, Section 143 is up to date with all changes known to be in force on or before 31 October 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

143Orders and regulations: Parliamentary controlU.K.

This section has no associated Explanatory Notes

(1)A statutory instrument containing an order or regulations under this Act is subject to annulment in pursuance of a resolution of either House of Parliament, unless—

(a)the instrument contains only provision made under section 148 (commencement), or

(b)the instrument is required by subsection (3) or any other enactment to be laid in draft before, and approved by a resolution of, each House.

(2)Subsection (3) applies to a statutory instrument that contains (with or without other provisions)—

(a)regulations under section 7 (building societies: power to make provision about ring-fencing);

[F1(aa)regulations under section 41(2C) (meaning of “digital settlement asset”);]

(b)an order under section 41(4) (meaning of “payment system”);

[F2(ba)regulations under section 102B (matters to consider when imposing generally applicable requirements);

(bb)regulations under section 104F (power to require imposition of generally applicable requirements);]

(c)an order under section 145 (power to make further consequential amendments) that amends or repeals primary legislation;

(d)an order under paragraph 6 of Schedule 6 (conduct of FMI administration).

(3)A statutory instrument to which this subsection applies may not be made unless a draft of the instrument has been laid before, and approved by a resolution of, each House of Parliament.

(4)In subsection (2)(c) “primary legislation” means—

(a)an Act of Parliament,

(b)an Act of the Scottish Parliament,

(c)a Measure or Act of the National Assembly for Wales, or

(d)Northern Ireland legislation.

Back to top

Options/Help

You have chosen to open The Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act as a PDF

The Whole Act you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open The Whole Act without Schedules

The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act without Schedules as a PDF

The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open the Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open the Whole Act without Schedules

The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open Schedules only

The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?