(1)Any power of the Treasury F1. . . to make regulations or an order under this Act is exercisable by statutory instrument.
(2)Any statutory instrument containing such regulations or such an order, other than an order under [F2section 5] above or section 126 below, shall be subject to annulment in pursuance of a resolution of either House of Parliament.
(3)Any power conferred by this Act to make such regulations or such an order includes power—
(a)to make different provision for different cases; and
(b)to make transitional, consequential or supplementary provision.
Textual Amendments
F1Words in s. 121(1) repealed (1.12.2001) by S.I. 2001/2617, arts. 2(b), 13(2), Sch. 4 (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)
F2Words in s. 121(2) substituted (29.6.2008) by The Friendly Societies Act 1992 (Accounts, Audit and EEA State Amendments) Order 2008 (S.I. 2008/1140), arts. 1(2), 8
Commencement Information
I1S. 121 wholly in force at 8.6.1992 see s. 126(2) and S.I. 1992/1325, art. 2(d).