(1)As from the appointed day the M1House of Commons Disqualification Act 1975 is amended as follows—
(a)in Part III of Schedule 1 (other disqualifying offices) insert at the appropriate place—
“Director of the successor company (within the meaning of the Crown Agents Act 1995) being a director nominated or appointed by a Minister of the Crown or by a person acting on behalf of the Crown”; and
(b)in Part II of that Schedule (bodies of which all members are disqualified) insert at the appropriate place—
“The Crown Agents Holding and Realisation Board”.
Corresponding amendments shall be made in Schedule 1 to the M2Northern Ireland Assembly Disqualification Act 1975.
(2)The enactments specified in Schedule 2 are repealed to the extent specified.
The repeals in Part I of that Schedule come into force on the appointed day; and the repeals in Part II of that Schedule come into force on the dissolution of the Crown Agents.
(3)The Secretary of State may by order make such consequential amendments or revocations of subordinate legislation within the meaning of the M3Interpretation Act 1978 as appear to him necessary or expedient in consequence of this Act.
Any order under this subsection shall be subject to annulment in pursuance of a resolution of either House of Parliament.