Economy Legislation
Regulations governing economic policy, monetary matters, taxation, public spending, and market regulation.
The Pension Schemes Act 2026 (Commencement No. 1) Regulations 2026
Commenced Section 123 of the Pension Schemes Act 2026 regarding pension protection levies.
These Regulations bring into force Section 123 of the Pension Schemes Act 2026 on 29th June 2026.
The activated section grants the Board of the Pension Protection Fund the authority to adjust annual levies, including the power to reduce them to zero or a minimal amount, and establishes specific limits on how much those levies can be increased in subsequent years.
The order applies to the Secretary of State for Work and Pensions and the Board of the Pension Protection Fund.
The Wireless Telegraphy (Direct to Device Satellite Communications) (Exemption) (Amendment) Regulations 2026
Expanded the frequency bands and adjusted transmission power limits for license-exempt direct-to-device satellite communication apparatus.
These Regulations amend the Wireless Telegraphy (Direct to Device Satellite Communications) (Exemption) Regulations 2026 to include additional frequency bands in the licensing exemption for satellite-to-device communications.
They authorize the establishment, installation, and use of wireless telegraphy apparatus within the 880.1-885.1 Megahertz and 925.1-930.1 Megahertz ranges without a formal license, provided specific power limits are met.
The regulations apply to any person or entity operating apparatus, such as mobile phones, capable of direct communication with satellite systems using the specified frequencies and GSM standards.
The Environmental Delivery Plans (Appropriate Prioritisation) Regulations 2026
Mandated a hierarchy for Natural England to prioritize avoiding environmental damage over mitigation or compensation in development plans as of July 2026.
These Regulations establish a hierarchy of conservation measures that Natural England must follow when drafting or amending Environmental Delivery Plans (EDPs) under the Planning and Infrastructure Act 2025.
The agency is directed to prioritize avoidance of environmental damage over mitigation, and mitigation over compensation, provided such prioritisation is deemed appropriate and delivers value for money.
These rules apply specifically to Natural England's administrative processes in England and require the agency to explicitly categorize all proposed conservation measures within their plans.
The Renters’ Rights Act 2025 (Commencement No. 3) Regulations 2026
Commenced legal provisions enabling local housing authorities to fine landlords for unaddressed category 1 property hazards and established the definition of qualifying residential premises.
These Regulations bring specific provisions of the Renters' Rights Act 2025 into force on 22nd June 2026, primarily concerning the enforcement of housing standards in England.
The order authorizes local housing authorities to impose civil penalties of up to £7,000 on individuals responsible for 'qualifying residential premises' that contain a category 1 hazard, provided it was reasonably practicable to remove said hazard.
It applies to local housing authorities, landlords, and superior landlords, and it establishes the administrative procedures for issuing, appealing, and enforcing these financial penalties while also amending the Tenant Fees Act 2019 to permit authorities to use penalty proceeds for enforcement activities.
The Airports Slot Allocation (Alleviation of Usage Requirements) Regulations 2026
Amended airport slot usage rules to allow airlines to return a portion of allocated capacity during 2026 without forfeiting future historic rights.
These Regulations amend the rules governing how airport slot usage is calculated for the Summer 2026 and Winter 2026/27 scheduling periods at airports in England, Wales, and Scotland.
They authorize a temporary deviation from standard 'use-it-or-lose-it' thresholds by allowing air carriers to return up to 10% of their allocated slots—in two distinct 5% phases—without those slots counting against their usage record for future entitlement.
To qualify for this alleviation, carriers must have held historic rights to the slots, provided at least 14 days' notice to passengers regarding cancellations, and confirmed they have not ceased operations at the airport.
The Regulations apply to airport slot coordinators and air carriers operating at coordinated airports.
Amended maritime labour regulations to expand ship security documentation requirements and mandate seafarer rights disclosures by recruitment agencies.
This statutory instrument amends existing UK maritime regulations to align with international standards set by the Maritime Labour Convention.
It directs shipowners to include the identity of a ship's registered owner on security documents and mandates that recruitment agencies inform seafarers of their rights under financial protection systems before employment begins.
The regulations apply to shipowners, registered owners, and employment agencies or businesses involved in the recruitment and placement of seafarers on sea-going ships.
A typographical error in the first signature block on page 24 of The Vaping Products (Production, Duty Stamps and Commencement) Regulations 2026 was officially corrected, changing 'Justin Holiday' to 'Justin Holliday'.
This document serves as an official correction notice for The Vaping Products (Production, Duty Stamps and Commencement) Regulations 2026, amending a typographical error found on page 24 in the first signature block where the name 'Justin Holiday' was mistakenly written as 'Justin Holiday'.
The National Savings (Remediation Scheme) (No. 2) Regulations 2026
The Regulations established a remediation scheme for the Director of Savings to compensate estates for retained assets of deceased persons following administrative errors.
These Regulations establish the National Savings (Remediation Scheme) (No. 2) to authorize the Director of Savings to make payments to the personal representatives of deceased persons whose estates suffered losses because the Director mistakenly retained certain National Savings holdings, such as bonds, certificates, or stock, after the holder died; the scheme defines what constitutes an eligible claim, sets out the methodology for calculating compensation—which provides for the greater of applicable contractual interest or a benchmarked rate plus 1%—and allows for payment of consequential losses, extending its scope across England, Wales, Scotland, Northern Ireland, the Isle of Man, and the Channel Islands.