24 Regulations dissolving the new single financial guidance body: procedure

24  Regulations dissolving the new single financial guidance body: procedure

(1)     The 40-day affirmative procedure applies to draft regulations under section 23 unless, within the period of 30 days beginning with the day on which the draft regulations were laid before Parliament—

(a)     either House of Parliament resolves that the super-affirmative procedure should apply, or

(b)     a committee of either House charged with reporting on the draft regulations recommends that the super-affirmative procedure should apply and the House to which the recommendation is made does not by resolution reject the recommendation within that 30-day period.

In either of those cases the

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