3(1)Section 8 shall be amended as follows.
(2)In subsection (2)—
(a)after “14” there shall be inserted “and subsection (2A)”, and
(b)for the words “was a United Kingdom policy at the beginning of the liquidation” there shall be substituted “is a qualifying policy”.
(3)After that subsection there shall be inserted—
“(2A)The duty of the Board under subsection (2) above shall not apply unless the liability is in respect of a protected risk.”