Joint Committee on Statutory Instruments Twelfth Report


APPENDIX 3

Memorandum from HM Treasury

FINANCIAL SERVICES AND MARKETS ACT 2000 (LAW APPLICABLE TO CONTRACTS OF INSURANCE) (AMENDMENT) REGULATIONS 2001 (S.I. 2001/3542)

1. The Treasury submit this memorandum in response to the request dated 20 November 2001 set out below-

Since this instrument corrects errors in an earlier instrument, has the Department (as required by paragraph 3.24 of Statutory Instrument Practice) made arrangements for copies of the amending instrument to be made available free of charge to all known recipients of the earlier instrument? If so, explain why the amending instrument does not bear a headnote to this effect (see paragraph 3.25 of Statutory Instrument Practice).

2. The Treasury has instructed HMSO to make arrangements for copies of the amending instrument to be made available free of charge to all known recipients of the earlier instrument. We fully accept that the amending instrument should bear a headnote to this effect, and we have also instructed HMSO to add the following headnote to the amending instrument (which has yet to be published):

"This Statutory Instrument has been made in consequence of a defect in S.I. 2001/2635 and is being issued free of charge to all known recipients of that Statutory Instrument."

22 November 2001


 
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