787Provision enabling or requiring arrangements to be adopted: order-making powersU.K.
(1)The authority having power to make regulations under this Chapter may by order—
(a)designate classes of companies for the purposes of section 786 (provision enabling or requiring arrangements to be adopted);
(b)provide that, in relation to securities of a specified description—
(i)in a designated class of companies, or
(ii)in a specified company or class of companies,
specified provisions of regulations made under this Chapter by virtue of that section either do not apply or apply subject to specified modifications.
(2)In subsection (1) “specified” means specified in the order.
(3)An order under this section is subject to negative resolution procedure.
Commencement Information
I1S. 787 wholly in force at 6.4.2008; s. 787 not in force at Royal Assent, see s. 1300; s. 787 in force for specified purposes at 20.1.2007 by S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5); s. 787 in force at 6.4.2008 by S.I. 2007/3495, art. 3(1)(i) (with savings in arts. 7, 12, subject to transitional adaptations in Sch. 1 para. 13 and with savings in Sch. 4 paras. 30-31)