Paragraph 3

The Schedule shall be varied in accordance with the following provisions of this paragraph.

In paragraph 7(a), after the words “(1) to (3)” there shall be inserted the words “and (5A)”.

After paragraph 18 there shall be inserted the following paragraph:—

“18A

In section 17(5A) for the words “the United Kingdom” there shall be substituted the word “Jersey”.”.

In paragraph 20, for the words “of £2,100,000” there shall be substituted the words “amount which is the equivalent in sterling (on the day, or first day, of that occurrence) of 5 million special drawing rights”.

After paragraph 20 there shall be inserted the following paragraph:—

“20A

In section 21(1A), for the words “the Treasury” there shall be substituted the words “Her Majesty’s Treasury”.”.

In paragraph 23, after the words “21(4)” there shall be inserted the words “and (4A)”.

After paragraph 39 there shall be inserted the following paragraphs:—

“39A

In section 25A—

(a)

the words “16(1A), 18(1B) or” shall be omitted, and

(b)

for the words “but no such order” to the end there shall be substituted the words “and any such order shall have effect in Jersey as it has effect in the United Kingdom if registered in the Royal Court of Jersey and from the date of such registration”.

39B

In section 25B—

(a)

for the words “the Treasury” wherever they occur there shall be substituted the words “Her Majesty’s Treasury”, and

(b)

in subsection (3), the words from “and any fee” to the end shall be omitted.”.