The Transfer of Functions (Insurance) Order 1997 No. 2781

SCHEDULE MODIFICATION OF ENACTMENTS

PART I Insurance Companies Act 1982 (c. 50)

33.  In section 46—

(a) for “Secretary of State”, in each place it occurs, there shall be substituted “Treasury”;

(b) in subsection (1)—

(i) for “he”, in the first place it occurs, there shall be substituted “they”,

(ii) in paragraph (a) for “is”, in the first place it occurs, there shall be substituted “are”,

(iii) in paragraph (a) for “he is” there shall be substituted “they are”, and

(iv) in paragraph (b) for “Department of Trade” there shall be substituted “Treasury”;

(c) in subsection (2)—

(i) for “decides” there shall be substituted “decide”,

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

(iii) in paragraph (b) for “he proposes” there shall be substituted “they propose”; and

(d) in subsection (3) for “is” there shall be substituted “are”.