SCHEDULE 4Consequential amendments: fines or maximum fines of numerical amounts of £5,000 or more
Part 2
Merchant Shipping Act 1995 (c.21)89
In section 192A (compulsory insurance or security)93, in subsection (5)—
a
in paragraph (b), for the words from “a fine of an amount not exceeding £50,000” to “prescribed by the regulations,” substitute “a fine, the amount of which may be limited by the regulations,”;
b
in paragraph (c), for the words from “a fine of an amount not exceeding £50,000” to “prescribed by the regulations” substitute “a fine, the amount of which may be limited by the regulations”.