61(1)Paragraph 3 of Schedule 2B to the Insurance Companies Act 1982 is amended as follows.
(2)In sub-paragraph (1), in the Table, after entry 1 there is inserted—
| “1A The Financial Services Authority. | Functions under the Financial Services Act 1986 (other than as a designated agency within the meaning of that Act), the Banking Act 1987 or section 171 of the Companies Act 1989.” |
(3)In sub-paragraph (5), at the end there is inserted “, or
(e)the Financial Services Authority under that Act (other than in its capacity as a designated agency) or the Banking Act 1987;”.