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1(1)Sections 1, 2, 5, 6, 12, 13 and 15 shall cease to have effect, except in so far as they are applied by or under any other enactment.E+W
(2)Section 3 and Schedules 2 and 3 shall cease to have effect, except in so far as they relate to a trustee having a power of investment conferred on him under an enactment—
(a)which was passed before the passing of the 1961 Act, and
(b)which is not amended by this Schedule.
(3)Omit—
(a)sections 8 and 9,
(b)paragraph 1(1) of Schedule 4, and
(c)section 16(1), in so far as it relates to paragraph 1(1) of Schedule 4.
2(1)Omit sections 70 and 71.E+W
(2)In section 86(2) in paragraph (a)—
(a)omit “70”, and
(b)at the end insert “ or ”.
(3)Omit section 86(2)(b).