National Savings Bank Act 1971

26 Regulations, orders and warrants.U.K.

(1)Any power to make regulations, orders or warrants under this Act shall be exercisable by statutory instrument.

[F1(2)A statutory instrument containing—

(a)regulations under section 2 of this Act, or

(b)an order under section 4 of this Act,

shall be subject to annulment in pursuance of a resolution of either House of Parliament.]

(4)A draft of any statutory instrument containing a warrant under section 11 of this Act shall be laid before both Houses of Parliament for at least forty days before the statutory instrument is made; but section 6 of the M1Statutory Instruments Act 1946 (which provides that statutory instruments of which drafts are to be laid before Parliament shall not be made until the expiration of a period of forty days during which either House may resolve that the instrument be not made) shall not apply to a statutory instrument containing such a warrant.

Textual Amendments

F1S. 26(2) substituted (28.7.2000) for s. 26(2)(3) by 2000 c. 17, s. 152(2)(3)

Marginal Citations