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Finance (No. 2) Act 2023

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311Regulations under this PartU.K.

(1)Regulations under this Part are to be made by statutory instrument.

(2)Regulations under this Part may—

(a)make provision having retrospective effect, provided any such provision does not have the effect of increasing the amount of the electricity generator levy any generating undertaking is liable to;

(b)make different provision for different purposes;

(c)make supplementary, incidental and consequential provision;

(d)make transitional or transitory provision and savings.

(3)A statutory instrument containing regulations under this Part is subject to annulment in pursuance of a resolution of the House of Commons.

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