28In section 16 of the M1Company Securities (Insider Dealing) Act 1985—
(a)in subsection (1) for the definition of “recognised stock exchange" there shall be substituted—
““recognised stock exchange” means The Stock Exchange and any other investment exchange which is declared by an order of the Secretary of State for the time being in force to be a recognised stock exchange for the purposes of this Act;”; and
(b)after that subsection there shall be inserted—
“(1A)The power to make an order under subsection (1) above shall be exercisable by statutory instrument.”;
(c)in subsection (2) for the word “15" there shall be substituted the word “14".