Government of Wales Act 2006

Economic development U.K.

4 Economic regeneration and development, including social development of communities, reclamation of derelict land and improvement of the environment. Promotion of business and competitiveness.

Exceptions—

• Fiscal, economic and monetary policy and regulation of international trade.

• Regulation of anti-competitive practices and agreements, abuse of dominant position and monopolies and mergers.

• Intellectual property, apart from plant varieties.

• Creation, operation, regulation and dissolution of types of business association.

• Insolvency.

• Product standards, safety and liability, apart from in relation to food (including packaging and other materials which come into contact with food), agricultural and horticultural products, fish and fish products, seeds, fertilisers and pesticides (and things treated by virtue of any enactment as pesticides).

• Consumer protection, including the sale and supply of goods to consumers, consumer guarantees, hire purchase, trade descriptions, advertising and price indications, apart from in relation to food (including packaging and other materials which come into contact with food), agricultural and horticultural products, fish and fish products, seeds, fertilisers and pesticides (and things treated by virtue of any enactment as pesticides).

• Financial services, including investment business, banking and deposit-taking, collective investment schemes and insurance.

• [F1 Occupational and personal pension schemes (including schemes which make provision for compensation for loss of office or employment, compensation for loss or diminution of emoluments, or benefits in respect of death or incapacity resulting from injury or disease), apart from schemes for or in respect of Assembly members, the First Minister, Welsh Ministers appointed under section 48, the Counsel General or Deputy Welsh Ministers.]

• Financial markets, including listing and public offers of securities and investments, transfers of securities, insider dealing and money laundering.

• Telecommunications, wireless telegraphy (including electromagnetic disturbance), internet services and electronic encryption.

• Postal services, post offices and the Post Office, apart from financial assistance for the provision of services (other than postal services and services relating to money or postal orders) to be provided from public post offices.

• Generation, transmission and supply of electricity F2 . . . .

• Energy conservation, apart from the encouragement of energy efficiency otherwise than by prohibition or regulation.

• Coal, including mining and subsidence, apart from land restoration and other environmental matters.

• Oil and gas F3 . . . .

• [F4 Nuclear energy and nuclear installations.]

• Units and standards of weights and measurement and the regulation of trade so far as involving weighing, measuring and quantities.

• Industrial Development Advisory Board.

Textual Amendments

F1 Sch. 7 Pt. 1: exception inserted (26.7.2007) by The National Assembly for Wales (Legislative Competence) (Amendment of Schedule 7 to the Government of Wales Act 2006) Order 2007 (S.I. 2007/2143), art. 4

F2 Words in Sch. 7 Pt. 1 omitted (26.7.2007) by virtue of The National Assembly for Wales (Legislative Competence) (Amendment of Schedule 7 to the Government of Wales Act 2006) Order 2007 (S.I. 2007/2143), art. 4

F3 Words in Sch. 7 Pt. 1 omitted (26.7.2007) by virtue of The National Assembly for Wales (Legislative Competence) (Amendment of Schedule 7 to the Government of Wales Act 2006) Order 2007 (S.I. 2007/2143), art. 4

F4 Sch. 7 Pt. 1: exception inserted (26.7.2007) by The National Assembly for Wales (Legislative Competence) (Amendment of Schedule 7 to the Government of Wales Act 2006) Order 2007 (S.I. 2007/2143), art. 4