The prescribed amountU.K.
36(1)For the purposes of this Part of this Schedule, the “prescribed amount” is £100 or such other amount as the Commission, with the consent of the Treasury, by order specifies for the time being.
(2)The power to make an order under sub-paragraph (1) above shall be exercisable by statutory instrument subject to annulment in pursuance of a resolution of either House of Parliament.
(3)An order under sub-paragraph (1) above may contain transitional, consequential or supplementary provision.