Prospective
121(1)Section 28 (power to give directions about dormant bank accounts) is amended as follows.E+W
(2)In subsection (1)—
(a)for “the Commissioners” substitute “ the Commission ”,
(b)for “are informed” substitute “ is informed ”,
(c)for “are unable” substitute “ is unable ”, and
(d)for “they may give” substitute “ it may give ”.
(3)In subsection (3)—
(a)for “Commissioners” (in both places) substitute “ Commission ”,
(b)for “they consider” substitute “ it considers ”,
(c)for “to them” substitute “ to the Commission ”, and
(d)for “they have received” substitute “ it has received ”.
(4)In subsection (5)—
(a)for “the Commissioners have been” substitute “ the Commission has been ”,
(b)for “the Commissioners” (in the second and third places) substitute “ the Commission ”,
(c)for “they shall revoke” substitute “ it shall revoke ”, and
(d)for “by them” substitute “ by it ”.
(5)In subsection (7)—
(a)for “the Commissioners” substitute “ the Commission ”, and
(b)for “them to discharge their functions” substitute “ the Commission to discharge its functions ”.
(6)In subsection (8)(a) for “the Commissioners are informed” substitute “ the Commission is informed ”.
(7)In subsection (9)—
(a)for “the Commissioners have” substitute “ the Commission has ”, and
(b)for “the Commissioners” (in the second place) substitute “ the Commission ”.