Corporation Tax Act 2009 section 1179AE

Regulations

Section 1179AE sets out how regulations made by the Secretary of State under the audio-visual expenditure credit provisions are to be created and what parliamentary oversight applies to them.

• Regulations under this Part must be made by the Secretary of State through statutory instrument.
• Any such statutory instrument can be annulled by a resolution of the House of Commons (the negative procedure).
• The regulation-making power includes the ability to make incidental, supplemental, consequential and transitional provisions, as well as savings.
• This ensures parliamentary accountability over the detailed rules while giving the Secretary of State flexibility to address practical and transitional matters.