Investment Funds, Companies and Miscellaneous Provisions Act 2005
|
Regulations (Part 5). |
46.—(1) The Minister may make regulations for the purposes of— | |
(a) giving effect to the 2003 Prospectus Directive, and | ||
(b) supplementing and making consequential provision in respect of the Prospectus Regulation. | ||
(2) Regulations under this section may contain such incidental, supplementary and consequential provisions as appear to the Minister to be necessary or expedient for the purposes of those regulations, including— | ||
(a) provisions creating offences (but the regulations may only provide penalties in respect of a summary conviction for any such offence), and | ||
(b) provisions revoking instruments made under other enactments. | ||
(3) This section is without prejudice to section 3 of the European Communities Act 1972 . |