SCHEDULE MODIFICATION OF ENACTMENTS

PART I Insurance Companies Act 1982 (c. 50)

3.  In section 5—

(a) subject to sub-paragraph (d)(ii) below, for “Secretary of State”, in each place it occurs, there shall be substituted “Treasury”;

(b) in subsection (1)—

(i) in paragraph (a) and (b) for “him” there shall be substituted “them”, and

(ii) in paragraph (b) for “he is” there shall be substituted “the Treasury are”;

(c) in subsection (1A) for “him” there shall be substituted “the Treasury”;

(d) in subsection (1B)—

(i) for “him” there shall be substituted “the Treasury”, and

(ii) in paragraph (b) for “the Secretary of State of his functions” there shall be substituted “the Treasury or the Secretary of State of their functions”; and

(e) in subsection (2)—

(i) for “he refuses” there shall be substituted “the Treasury refuse”, and

(ii) for “he”, in the second place it occurs, there shall be substituted “they”.