10U.K.In paragraph 8—
(a)in sub-paragraph (1) for “ceases to be” substitute “ is not ”,
(b)in sub-paragraph (2) for “was” substitute “ is ”,
(c)in sub-paragraph (3) for “its ceasing to be a higher rates transaction” substitute “ the application of paragraph 3(7) ”, and
(d)in sub-paragraph (4) for “its ceasing to be a higher rates transaction” substitute “ the application of paragraph 3(7) ”.