Prospective
9(1)Section 16 shall be amended as follows.
(2)In subsection (2), after “arising” there shall be inserted “ in relation to matters by virtue of which they are such persons ”.
(3)In subsection (9), for “was a United Kingdom policy at the relevant time” there shall be substituted “ is a qualifying policy and insures a protected risk or commitment ”.
(4)In subsection (9A), for “United Kingdom policy at the relevant time” there shall be substituted “ qualifying policy ”.