Section 133(5)

After paragraph 2 insert— In this Article— “designated” means designated by regulations made by the Secretary of State that are in force; “overseas authority” means a person, or description of person, with functions relating to the regulation or supervision of trust services outside the United Kingdom. Before making regulations under this Article, the Secretary of State must consult the supervisory body. Regulations under this Article may include transitional or transitory provision or savings. Regulations under this Article are to be made by statutory instrument. A statutory instrument containing regulations under this Article is subject to annulment in pursuance of either House of Parliament.

← 4 · All articles · 134 →

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