(1) Where in any year a levy order has been made on or after 1 January and before 1 July, and—
(a) has not been revoked with effect on or before 1 July in the next year; and
(b) has not ceased, and will not cease, to have effect on or before 1 July in the next year by virtue of the Regulations (Disallowance) Act 1989,—
it shall be deemed to have been revoked with the close of 30 June in that next year unless it has been confirmed by an Act of Parliament passed on or before that day.
(2) Where in any year a levy order has been made after 30 June and on or before 31 December, and—
(a) has not been revoked with effect on or before 1 January in the year after the next year; and
(b) has not ceased, and will not cease, to have effect on or before 1 January in the year after the next year by virtue of the Regulations (Disallowance) Act 1989,—
it shall be deemed to have been revoked with the close of 31 December in the year after the year in which it was made, unless it has been confirmed by an Act of Parliament passed on or before that day.
(3) Unless a levy order has already been—
(a) revoked; or
(b) disallowed under the Regulations (Disallowance) Act 1989; or
(c) confirmed by an Act of Parliament,—
the Minister on whose recommendation it was made shall, by notice published in the Gazette at least 6 months before the day with the close of which the order may (under subsection (1) or subsection (2)) be deemed to have been revoked, indicate the Minister's intentions with regard to its continuing in force.