(1)The Lord Chancellor may, from among the puisne judges for the time being attached to the Chancery Division of the High Court, nominate one of them to be Vice-Chancellor, who shall be responsible to the Lord Chancellor (as president of the Chancery Division) for the organisation and management of the business of the division.
(2)The Vice-Chancellor shall be included among the persons with power under section 99(4) of the [1925 c. 49.] Supreme Court of Judicature (Consolidation) Act 1925 to make rules of court; and in that subsection—
(a)for the words " and four other judges " there shall be substituted the words " the Vice-Chancellor and three other judges "; and
(b)for the words "The four" there shall be substituted the words " The three ".