Commentary on Sections Section 9 – Duration of Act
36.Section 9 provides that the Act will expire one year from commencement, unless it is extended - either for a further year or permanently - by order made by Treasury. The Treasury’s order-making powers are subect to affirmative procedures in Parliament. If the Act expires by reason of section 9, it is to be treated as never having been in force, and any judgment given while the Act was in force will be treated as if it had not been reduced by the operation of section 3.