Amendment of the principal Regulations
9.—(1) Amend regulation 7 (“technical provisions” in relation to an underwriting member) as follows.
(2) In paragraph (2)—
(a)in sub-paragraph (a) for “(6)” substitute “(5)”; and
(b)in sub-paragraph (b) omit “, (6)”.
(3) In paragraph (4)(b), within the paragraph (b) substituted for Rule 2.1(b), for “was provision” substitute “were provisions”.
(4) Omit paragraph (6).
(5) In paragraph (10) for “regulation 4(2)(a) and (b)” substitute “sub-paragraphs (a), (ab) and (b) of regulation 4(2)”.