(1)The following shall be substituted for section 80(1)(b) of the Local Government Act 1972 (c. 70) (disqualification for membership of local authority: bankrupt)—
“(b)is the subject of a bankruptcy restrictions order or interim order;”.
(2)Section 81(1) and (2) of that Act (which amplify the provision substituted by subsection (1) above) shall cease to have effect.