SCHEDULES

SCHEDULE 1Minor and consequential amendments

Part 2Other enactments

Capital Allowances Act 2001 (c. 2)

409

At the beginning of Chapter 6 of Part 12 insert—

Orders and regulations

570BOrders and regulations made by Treasury or Commissioners

1

Any orders or regulations made by the Treasury or the Commissioners for Her Majesty's Revenue and Customs under this Act must be made by statutory instrument.

2

Any orders or regulations made by the Treasury or the Commissioners under this Act are subject to annulment in pursuance of a resolution of the House of Commons.

3

Subsection (2) does not apply to any regulations made under section 70YJ or any order made under section 82(4)(d).