Section 30(2)

After section 3RD (inserted by section 29) insert— The Treasury may by regulations require a regulator to exercise a power under this Act to make rules in relation to a specified activity or a specified description of person. Regulations under this section may— specify matters that the rules must cover; specify a period within which the rules must be made. But except so far as permitted by subsection (2), regulations under this section may not require rules to be made— in a specified form or with specified content, or to achieve or advance a specified outcome. If no period is specified under subsection (2)(b) the rules must be made as soon as reasonably practicable after the coming into force of the regulations.

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Source: legislation.gov.uk · retrieved 2026-09-04