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Changes over time for: Paragraph 14


Timeline of Changes
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Status:
Point in time view as at 31/03/2012.
Changes to legislation:
There are currently no known outstanding effects for the Counter-Terrorism Act 2008, Paragraph 14.

Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
This section has no associated Explanatory Notes
14(1)A direction given to—U.K.
(a)a description of persons operating in the financial sector, or
(b)all persons operating in that sector,
must be contained in an order made by the Treasury.
(2)If the order contains requirements of a kind mentioned in paragraph 13 (limiting or ceasing business)—
(a)it must be laid before Parliament after being made, and
(b)if not approved by a resolution of each House of Parliament before the end of 28 days beginning with the day on which it is made, it ceases to have effect at the end of that period.
In calculating the period of 28 days, no account is to be taken of any time during which Parliament is dissolved or prorogued or during which both Houses are adjourned for more than 4 days.
(3)An order's ceasing to have effect in accordance with sub-paragraph (2) does not affect anything done under the order.
(4)An order to which sub-paragraph (2) does not apply is subject to negative resolution procedure.
(5)If apart from this sub-paragraph an order under this paragraph would be treated for the purposes of the standing orders of either House of Parliament as a hybrid instrument, it is to proceed in that House as if it were not such an instrument.
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