Pension Schemes Act 2017

42Regulations: general provisions

This section has no associated Explanatory Notes

(1)A power to make regulations under this Act is exercisable by statutory instrument.

(2)Regulations under Part 1 may—

(a)make different provision for different purposes;

(b)include incidental, supplementary, consequential, transitional, transitory or saving provision;

(c)confer a discretion on a person.

(3)Where regulations under Part 1 are subject to “negative resolution procedure” the statutory instrument containing the regulations is subject to annulment in pursuance of a resolution of either House of Parliament.

(4)Where regulations under Part 1 are subject to “affirmative resolution procedure” the regulations may not be made unless a draft of the instrument containing them has been laid before and approved by a resolution of each House of Parliament.

(5)Any provision that may be made by regulations under Part 1 subject to negative resolution procedure may be made by regulations under Part 1 subject to affirmative resolution procedure.