111 Amendments of Companies Act 1989

Amendments of Companies Act 1989

111  Amendments of Companies Act 1989

(1)     Section 166 of the Companies Act 1989 (power of Secretary of State to give directions to recognised investment exchange or recognised clearing house) is amended as follows.

(2)     In subsection (2)(a)—

(a)     for “Authority”, in the first place, substitute “appropriate regulator”, and

(b)     for “Authority”, in the second place, substitute “regulator”.

(3)     In subsection (2)(b)—

(a)     for “Authority”, in the first place, substitute “appropriate regulator”, and

(b)     for “Authority”, in the second place, substitute “regulator”.

(4)     In subsection (3)—

(a)     for “Authority” substitute “appropriate regulator”,

(b)     omit the “or”

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