Economy Legislation

Regulations governing economic policy, monetary matters, taxation, public spending, and market regulation.

The Credit Institutions and Investment Firms (Miscellaneous Definitions) (Amendment) Regulations 2026

Published: Thu 30th Apr 26

Incorporated updated financial definitions and regulatory activities into UK law to replace revoked EU-derived regulations effective 1 January 2027.


These Regulations amend the Financial Services and Markets Act 2000, the Banking Act 2009, and various pieces of secondary legislation to restate and update definitions relevant to credit institutions and investment firms.

The instrument establishes new legal definitions for terms including 'Part 4A investment firm', 'financial holding company', and 'own funds' to replace those previously derived from EU law.

It applies to financial regulators (the FCA and PRA), UK banks, building societies, investment firms, and their parent undertakings, effectively moving technical definitions from the revoked Capital Requirements Regulation into the UK domestic statute book.

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The Major Sporting Events (Income Tax Exemption) (Glasgow 2026 Commonwealth Games) Regulations 2026

The Regulations exempted income tax for accredited, non-UK resident individuals performing activities connected with the Glasgow 2026 Commonwealth Games during a defined operational 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.

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The Aviation Safety (Amendment) Regulations 2026

Published: Wed 29th Apr 26

Decriminalised certain long-range flight violations and expanded the Civil Aviation Authority's discretion to grant safety exemptions starting 1 May 2026.


These Regulations amend civil aviation safety rules by broadening the Civil Aviation Authority's (CAA) power to grant exemptions and removing certain criminal penalties.

The instrument decriminalises the operation of twin-engined aeroplanes beyond threshold distances without specific ETOPS approval and replaces rigid criteria for CAA-issued exemptions with a discretionary power to impose appropriate conditions.

These changes apply to legal and natural persons subject to UK aviation safety regulations, including aircraft operators and the CAA.

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The Package Travel and Linked Travel Arrangements (Amendment) Regulations 2026

Published: Tue 28th Apr 26

Removed the 'linked travel arrangement' category from consumer law and established a 14-day statutory refund right for travel organisers against third-party providers.


These Regulations amend the Package Travel and Linked Travel Arrangements Regulations 2018 to abolish the legal category of 'Linked Travel Arrangements' and expand the definition of 'package' to include services facilitated by a single trader during a single contact.

The instrument mandates that third-party service providers must refund travel organisers or retailers within 14 days of a cancellation or non-performance.

These changes apply to all package travel contracts and related travel services entered into across the United Kingdom on or after 6 April 2027.

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The Energy Prices Act 2022 (Extension of Time Limit) Regulations 2026

Published: Thu 23rd Apr 26

Extended the Secretary of State's legal authority to provide energy cost support by six months until October 2026.


These Regulations extend the period during which the Secretary of State may exercise powers under Section 13 of the Energy Prices Act 2022 to provide financial support for energy costs.

The initial statutory deadline for these powers was set to expire on 25 April 2026, three years and six months after the original Act was passed.

This instrument moves that expiration date forward by six months to 25 October 2026, applying to England, Wales, Scotland, and Northern Ireland.

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The Nutrition (Amendment etc.) (EU Exit) (Amendment) Regulations 2026

The regulations permitted the use of the mineral substance, magnesium L-threonate monohydrate, as a source of magnesium in the manufacture of food supplements in England by amending Schedule 2 of the 2019 EU Exit Regulations.


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.

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The Syria (Sanctions) (EU Exit) (Amendment) Regulations 2026

Amended the Syria (Sanctions) (EU Exit) Regulations 2019 by revoking specific trade prohibitions, correcting definitions, and updating references to the Government of Syria.


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.

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The Ports of Fleetwood and Silloth (Transfer of Undertaking) Harbour Revision Order 2026

Transferred the harbour authority status and all associated assets, duties, and liabilities for the Ports of Fleetwood and Silloth from Associated British Ports to new dedicated port companies.


This Order transfers the statutory harbour authority responsibilities and physical undertakings of the Port of Fleetwood and the Port of Silloth from Associated British Ports to FJ Ports (Fleetwood) Ltd. and FJ Ports (Silloth) Ltd., respectively.

It directs the transfer of all statutory powers, duties, lands, assets, and liabilities associated with these ports to the new entities on a specific transfer date determined by the current owner.

The provisions apply to Associated British Ports, the two newly established FJ Ports companies, and any persons or entities holding contracts, licences, or legal proceedings related to these harbour undertakings.

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