Version Superseded: 01/12/2001
Point in time view as at 28/02/1994. This version of this provision has been superseded.
There are currently no known outstanding effects for the Companies Act 1989, Paragraph 18.
18For section 205 of the Financial Services Act 1986 (regulations, rules and orders) substitute—
The Secretary of State may make regulations prescribing anything which by this Act is authorised or required to be prescribed.
205A(1)The following provisions apply to any power of the Secretary of State under this Act—
(a)to issue statements of principle,
(b)to make rules or regulations,
(c)to make orders (other than such orders as are excepted by subsection (4) below), or
(d)to issue codes of practice.
(2)Any such power is exercisable by statutory instrument and includes power to make different provision for different cases.
(3)Except as otherwise provided, a statutory instrument containing statements of principle, rules or regulations shall be subject to annulment in pursuance of a resolution of either House of Parliament.
(4)The above provisions do not apply to a recognition order, an order declaring a collective investment scheme to be an authorised unit trust scheme or a recognised scheme or to an order revoking any such order.”.
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
