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5. In paragraph 3 (nominations)—
(a)in sub-paragraph (2) after “before a relevant right is exercised” there shall be inserted “or upon the exercise of a relevant right”;
(b)in sub-paragraph (3)—
(i)sub-paragraphs (a) and (b) shall be omitted;
(ii)at the end of sub-paragraph (c) there shall be added “; and”;
(iii)after sub-paragraph (c) there shall be inserted—
“(d)the applicant undertakes to destroy the certificate of entitlement where that is replaced by a new certificate of entitlement by virtue of paragraph 8(6).”.
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