When a code is prepared under section 121, 122, 123 , 124 or 124A—
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If, within the 40-day period, either House of Parliament resolves not to approve a code prepared under section 121, 122, 123 , 124 or 124A, the Commissioner must not issue the code.
If no such resolution is made within that period—
If the Commissioner is prevented by subsection (3) from issuing a code that is not a replacement code, the Commissioner must prepare another version of the code.
Nothing in subsection (3) prevents another version of the code being laid before Parliament.
In this section, "the 40-day period" means—
In calculating the 40-day period, no account is to be taken of any whole days that fall within a period during which Parliament is dissolved or prorogued or during which both Houses of Parliament are adjourned for more than 4 days.
This section, other than subsection (5), applies in relation to amendments prepared under section 121, 122, 123 , 124 or 124A as it applies in relation to codes prepared under those sections.