Part 3 – Register of Overseas Entities Miscellaneous Section 178: Power to apply Part 1 amendments to register of overseas entities
This section provides a power for the Secretary of State, by regulations, to amend the Economic Crime (Transparency and Enforcement) Act 2022 to ensure that changes made to the Companies Act 2006 by this Act can be replicated in the 2022 Act where the provisions of the 2022 Act correspond to the 2006 Act. These regulations are subject to the affirmative resolution procedure.
	Before making regulations under this power, the Secretary of State must obtain the consent of Scottish Ministers if the regulations contain provision that would be within the legislative competence of the Scottish Parliament if contained in an Act of the Scottish Parliament.
	The Secretary of State must also obtain the consent of the Northern Ireland Department of Finance before making regulations under this power that might contain provision that would be within the legislative competence of the Northern Ireland Assembly (if contained in an Act of that Assembly), and would not, if contained in a Bill in the Northern Ireland Assembly, result in the Bill requiring consent from the Secretary of State under section 8 of the Northern Ireland Act 1998.