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2. Section 212(3) of, and Schedule 17 to, the Financial Services Act 1986 shall come into force on 10th May 1999 to the extent necessary to repeal–
(a)sections 82 and 83 of the Companies Act 1985(1), and the corresponding provisions of the Companies (Northern Ireland) Order 1986(2), for all remaining purposes except for the purposes of prospectuses to which regulation 8 of the Public Offers of Securities Regulations 1995(3) applies; and
(b)sections 86 and 87 of the Companies Act 1985, and the corresponding provisions of the Companies (Northern Ireland) Order 1986, for all remaining purposes.
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