- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 No. 1199
13.—(1) For Article 13 substitute—
1. The Treasury may by regulations made by statutory instrument amend the Annex, in order to take account of technical progress and market developments.
2. Any such regulations may—
(a)contain incidental, supplemental, consequential and transitional provision, and
(b)make different provision for different purposes.
3. A statutory instrument containing regulations under this Article is subject to annulment in pursuance of a resolution of either House of Parliament.”
(2) Omit Article 14 (exercise of the delegation).
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