(1) In subsection (1) of section 98 of the Local Government Act 1972 (interpretation of sections 95 and 97) [Section 98 was repealed prospectively by the Local Government Act 2000 (c. 22), Schedules 5 and 6, from a date to be appointed. No such date has been appointed at the date of the making of this Order.] for paragraph (a) [Paragraph (a) was substituted, together with paragraph (b), by the Financial Services Act 1986 (c. 60), section 212(2), Schedule 16, paragraph 8.] substitute -
"(a) any of the following kinds of investments, namely -
(i) shares,
(ii) instruments creating or acknowledging indebtedness,
(iii) government and public securities,
(iv) instruments giving entitlement to investments,
(v) certificates representing securities,
(vi) units in a collective investment scheme,
(vii) rights to, or interests in, any security of a kind mentioned in sub-paragraphs (i) to (vi); or".
(2) After subsection (2) of section 98 insert -
"(3) Paragraph (a) of subsection (1) must be read wit
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