Source: British Parliament News
30 September 2019
On Tuesday 1 October, the House of Lords will examine two statutory instruments preparing for Brexit.
A statutory instrument (SI), a type of secondary legislation, is a law created under powers given by an Act of Parliament. It is used to fill in the details of Acts (primary legislation).
The proposed SIs make changes to laws on:
1. Over the counter derivatives, central counterparties and trade repositories2. Financial services.
The Brexit SIs under examination on Tuesday 1 October are all made under the EU (Withdrawal) Act 2018 and are changes to the law to be made in the event of the UK leaving the EU without a withdrawal agreement.
In addition to the EU exit regulations, the House will also debate three other SIs on adult education functions in Newcastle Upon Tyne, North Tyneside and Northumberland, proscribed organisations and legal aid for separated children.
• Full list of SIs being examined
All these SIs are made under the draft affirmative procedure, meaning they need to be approved by both Houses of Parliament before they can be made (signed into law) and brought into effect as law. Draft affirmative SIs can be stopped if either House votes against the government’s motion calling for the SI to be approved.
The House of Lords Secondary Legislation Scrutiny Committee (SLSC) examines every SI, including all EU Exit SIs. It publishes reports drawing members’ attention to SIs.
The SLSC reported on the regulations making changes to laws on financial services.
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