62.—(1) Section 119 of the 1986 Act(1) (recognised self-regulating organisations, investment exchanges and clearing houses) shall have effect as if any reference in subsections (1) and (2) to the protection of investors included a reference to compliance with the third long term insurance Directive.
(2) Section 121 of that Act(2) (designated agencies) shall have effect as if any reference to the protection of investors included a reference to compliance with the third long term insurance Directive.
Section 119 has been amended by the Companies Act 1989 (c. 40), section 206(1) and Schedule 23, Part I, para 14.
Section 121 has been amended by the Companies Act 1989 (c. 40), section 206(1) and Schedule 23, Part I, para 15.