Finance Act 2004

317Regulations under Part 7U.K.

(1)Any power of the Treasury or the Board to make regulations under this Part is exercisable by statutory instrument.

(2)Regulations made by the Treasury or the Board under this Part may contain transitional provisions and savings.

(3)A statutory instrument containing regulations made by the Treasury or the Board under any provision of this Part is subject to annulment in pursuance of a resolution of the House of Commons.