Section 82(3) of the Companies Act 198984 (request for assistance by overseas regulatory authority) is modified as set out in paragraph (2) if, before the commencement date, the Authority was satisfied as is mentioned in that section 82(3) in respect of the assistance requested.

In that section 82(3), for “and the corresponding UK regulator (if any) are” substitute “is”.

Section 82(5)85 of the Companies Act 1989 does not apply if, before the commencement date, the Secretary of State consulted the Authority in accordance with that section 82(5) in respect of the assistance requested.