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Power to make provision in connection with authorised participants
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6.—(1) The Secretary of State may, after consulting the Commission, by order make provision, in relation to any time occurring on or after 1st July 2008, in connection with any provision made by—
(a)articles 3 and 4, or
(b)article 5 of, and Schedule 1 to, this Order.
(2) The provision which may be made under paragraph (1) includes provision amending or modifying—
(a)any provision of the 2000 Act;
(b)any other enactment connected with authorised participants, regulated transactions or controlled transactions.
(3) The provision that may be made under paragraph (1) also includes provision amending section 71Z2 of the 2000 Act (as inserted by article 3) so that it refers to a Northern Ireland participant instead of referring to a party registered in the Northern Ireland register.
(4) The power to make an order under paragraph (1) is exercisable by statutory instrument.
(5) No order is to be made under paragraph (1) unless a draft of the instrument containing the order has been laid before and approved by a resolution of each House of Parliament.
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