- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Short Selling (Amendment) (EU Exit) Regulations 2018 (revoked) No. 1321
14.—(1) In the heading for Chapter VII, for “delegated acts” substitute “Regulations”.
(2) For Article 42, substitute—
1. Any power to make regulations conferred on the Treasury by this Regulation is exercisable by statutory instrument.
2. Such regulations may—
(a)contain incidental, supplemental, consequential and transitional provision; and
(b)may make different provision for different purposes.
3. A statutory instrument containing regulations made under this Regulation is subject to annulment in pursuance of a resolution of either House of Parliament.”
(3) Omit Articles 43 to 45.
(4) In Article 46, omit paragraph 1.
(5) Omit Article 47.
(6) In Article 48, omit the fourth sub-paragraph.
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