SCHEDULE 1MODIFICATION OF CERTAIN PROVISIONS OF PARTS 1 AND 2 OF THE ACT

F13C

In section 136 (power to validate contraventions of section 135)—

a

in each place it occurs, for “Board” substitute “scheme manager”;

b

in subsection (1) for the words “to do so is consistent” to the end, substitute “it is appropriate to do so”;

c

in subsection (2) omit paragraphs (a), (c) and (d);

d

after subsection (2) insert—

2A

The scheme manager may copy the notice under subsection (2) to any other person to whom, in the opinion of the scheme manager, the determination is relevant.

e

in subsection (3) for “Board’s” substitute “scheme manager’s”; and

f

omit subsections (4) and (5).