PART 1Regulatory framework
CHAPTER 2New regulatory powers
Financial market infrastructure: piloting powers
I1I216Regulations
1
A power to make regulations under this group of sections includes power conferring a discretion on an appropriate regulator, or another specified person, to do anything under, or for the purposes of, the regulations.
2
Before making regulations under this group of sections the Treasury must consult—
a
the appropriate regulators;
b
such other persons as the Treasury consider appropriate.