(1)In each of the provisions specified in subsection (2) (which provide that, for a compromise agreement to be valid, there must have been in force a policy of insurance covering the risk of a claim against the person who provided the advice about the agreement), for “policy of insurance” substitute “contract of insurance, or an indemnity provided for members of a profession or professional body,”.
(2)The provisions referred to in subsection (1) are—
(a)section 77(4A)(d) of the Sex Discrimination Act 1975,
(b)section 72(4A)(d) of the Race Relations Act 1976,
(c)section 288(2B)(d) of the [1992 c. 52.] Trade Union and Labour Relations (Consolidation) Act 1992,
(d)section 9(3)(b) of the [1995 c. 50.] Disability Discrimination Act 1995, and
(e)section 203(3)(d) of the [1996 c. 18.] Employment Rights Act 1996.