§ Mr. RedwoodI beg to move Government amendment No. 253, in page 193, line 16, leave out subsection (4) and insert—
'(4) References in the Financial Services Act 1986 to a delegation order made under section 114 of that Act or to a transfer order made under paragraph 28 of Schedule 11 to that Act include an order made containing any such provision as is authorised by subsection (2) or (3).'.The amendment makes a technical change, ensuring that the consequences of the delegation to the SIB of the new powers introduced by the Bill may be dealt with in the same way as under the Financial Services Act 1986. I commend it to the House.
§ Amendment agreed to.