SCHEDULES

SCHEDULE 19The bank levy

Part 9Power to make consequential changes

81

1

The Treasury may, by order made by statutory instrument, make such amendments of this Schedule as they consider appropriate in consequence of—

a

any change made to or replacement of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544) (or any replacement),

b

any change made to the FSA Handbook, or

c

any change in international accounting standards, UKGAAP or US GAAP.

2

An order under this paragraph may have retrospective effect in relation to—

a

any chargeable period in which the order is made, or

b

in the case of an order made on or before 31 December 2011, any chargeable period ending on or after 1 January 2011.

3

A statutory instrument containing an order under this paragraph is subject to annulment in pursuance of a resolution of the House of Commons.