§ 70 Clause 18, page 24, line 43, at beginning insert 'Subject to subsection (2A) below,'.
§ 71 Page 24, line 45, after `so;' insert:
§ `(aa) it complies with such requirements as may be prescribed by regulations made by the Secretary of State with respect to the educational qualifications and practical training of those of its employees who are to be engaged in the provision of executry services;'.
§ 72 Page 25, line 19, at end insert:
§ '(2A) Where—
- (a) a recognised financial institution ceases (for whatever reason) to comply with the requirements with respect to educational qualifications and practical training referred to in paragraph (aa) of subsection (1) above;
- (b) a recognised financial institution ceases (for whatever reason) to be a member of, or otherwise subject to, a scheme referred to in a notice given by it under that subsection; or
- (c) such a scheme ceases to comply with the requirements mentioned in paragraph (b) (ii) of that subsection,
§ 73 Page 25, line 24, after 'above', insert 'to the Keeper of the Registers of Scotland and'.
§ Lord Fraser of CarmyllieMy Lords, I beg to move that thy; House do agree with the Commons in their Amendment Nos. 70 to 73. I spoke to these amendments with Amendments Nos. 66 and 67.
Moved, That the House do agree with the Commons in their Amendments Nos. 70 to 73.—(Lord Fraser of Carmyllie.)
§ On Question, Motion agreed to.