873Orders and regulations made by Treasury or [F1Commissioners]U.K.
(1)Any power of the Treasury or [F2the Commissioners for Her Majesty’s Revenue and Customs] to make any order or regulations under this Act is exercisable by statutory instrument.
(2)Any statutory instrument containing any order or regulations made by the Treasury or [F2the Commissioners for Her Majesty’s Revenue and Customs] under this Act is subject to annulment in pursuance of a resolution of the House of Commons.
(3)Subsection (2) does not apply in relation to any order or regulations made under—
(a)section 86 (meaning of “urban regeneration company”),
(b)section 724 (purchased life annuity payments),
(c)section 774 (income from securities issued by designated international organisations), or
(d)section 883(5) (transitional or saving provision).
Textual Amendments
F1Word in s. 873 substituted (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), ss. 50, 53(1), Sch. 4 para. 132(3)(h); S.I. 2005/1126, art. 2(2)(h)
F2Words in s. 873(1)(2) substituted (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), ss. 50, 53(1), Sch. 4 para. 132(2); S.I. 2005/1126, art. 2(2)(h)