These Regulations formally revoke older statutory instruments from 1985, 1999, and 2001 that conferred specific immunities and privileges upon the North Atlantic Salmon Conservation Organization and the North-East Atlantic Fisheries Commission under previous European Communities law, exercising powers granted by the Retained EU Law (Revocation and Reform) Act 2023, with the revocation taking effect on March 31, 2027, to allow time for successor legislation to be enacted to maintain continuity.

These Statutory Instruments, made by the Treasury and coming into force on December 30th, 2026, insert a new Article 465A into the retained Capital Requirements Regulation (Regulation (EU) No 575/2013) to establish a transitional provision for calculating market risk capital requirements.

This provision mandates that credit institutions and Part 4A investment firms must suspend the application of specific, newly introduced PRA rules (concerning internal models and related requirements) between January 1st, 2027, and December 31st, 2027, allowing them time to transition their methodologies before the revocation of the relevant EU-derived provisions takes full effect, with the Treasury retaining the power to extend this period.

These Regulations, enacted by HM Treasury under the Finance Act 2014, establish an income tax exemption for individuals accredited by the organizer of the Glasgow 2026 Commonwealth Games for income earned while performing activities connected with the Games between July 16th and August 4th, 2026, provided the individual meets specific non-UK residence criteria for the relevant tax year or period.

The Nutrition (Amendment etc.) (EU Exit) (Amendment) Regulations 2026, made on April 20, 2026, and coming into force on August 12, 2026, amend Schedule 2 of the 2019 EU Exit Regulations to incorporate 'magnesium L-threonate monohydrate' into the list of approved mineral substances for manufacturing food supplements.

These regulations were enacted by the Secretary of State under powers related to exiting the European Union, apply to England for substance use, and extend to England and Wales for procedural purposes, following consultation compliant with EU food law principles.

The Syria (Sanctions) (EU Exit) (Amendment) Regulations 2026 primarily amend the 2019 Syria sanctions framework, which was established following the UK's exit from the EU, based on subsequent amendments made in light of the collapse of the former Bashar Al-Assad regime in December 2024.

These regulations revoke prohibitions on trade related to gold, precious metals, diamonds, and luxury goods, while making necessary technical corrections, such as re-inserting the definition of 'petroleum products' in Regulation 57 and updating terminology referring to the Syrian government.

Part 5 of the Income Tax (Trading and Other Income) Act 2005 establishes the legislative framework for the Enterprise Investment Scheme (EIS), detailing the conditions under which individuals can claim income tax relief on investments made in qualifying shares issued by small, unlisted trading companies.

The provisions cover requirements for the issuing company, the nature of the shares, the qualifying trade, the maximum investment amounts, and the conditions under which the relief can be claimed, withdrawn, or is not available.

The Customs (Northern Ireland) (EU Exit) (Amendment) Regulations 2026 modify the existing 2020 Regulations concerning customs duties in Northern Ireland post-EU exit by correcting minor errors across several chapters and introducing two key substantive changes: establishing a linkage for claims between the Chapter 5 relief scheme and the Chapter 6 repayment/remission scheme, and introducing a mechanism for 'interchangeable goods' claims where identifying specific goods is impracticable due to mixing.

These Regulations, enacted in April 2026, significantly amend the Contracts for Difference (CfD) legislative framework—specifically the Allocation, General, and Standard Terms Regulations 2014—to introduce new flexibilities concerning Sustainable Industry Rewards (SIR).

Key changes involve allowing the Secretary of State to define specific budget allocations (minima, maxima, and flexible pools) for SIR applications, changing the time limits for certain allocation processes, defining what constitutes met or unmet pre-award financial minimum standards, and establishing procedures for updating sustainable industry reward statements after contract notifications.