SCHEDULES

SCHEDULE 2Transitionals and savings

Part 12Manufactured payments and repos

Deemed manufactured payments: repos

118

(1)

This paragraph applies if an agreement to sell securities was made before 9 April 2003.

(2)

Section 605 has effect with the omission—

(a)

in subsection (1), of the words “or B”, and

(b)

of subsection (3).