26U.K.In section 311 (nominees, etc.)—
(a)in subsection (2), for the words preceding “this Chapter” there is substituted “ Where eligible shares are held on a bare trust for two or more beneficiaries ”, and
(b)in subsection (2B), for the words preceding paragraph (a) there is substituted— “ In any case where this subsection applies, sections 289A and 289B shall have effect as if ”.