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4. For regulation 37(3) (discharge of any endorsed security), substitute—
“(3) Otherwise the security may not be discharged—
(a)if the person on whose behalf S was appointed to act dies, until the end of the period of 2 years beginning on the date of his death; or
(b)in any other case, until the end of the period of 7 years beginning on whichever of the following dates first occurs—
(i)if S dies, the date of his death;
(ii)if the court makes an order which discharges S but which does not also discharge the security under paragraph (2), the date of the order;
(iii)the date when S otherwise ceases to be under a duty to discharge the functions in respect of which he was ordered to give security.”.
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