(1) Section 140 of the Local Government Act 1972 (insurance by local authorities against accidents to members) is amended as follows.
(2) In subsection (1) [Section 140(1) was substituted by the Local Government (Miscellaneous Provisions) Act 1982 (c. 30) s. 39(1) and has been amended by the Insurance Companies Act 1982 (c. 50) Schedule 5, paragraph 13.] for the words from "insurance" to "1982" substitute "accident insurance".
(3) After subsection (3), insert -
"(3A) References to accident insurance must be read with -
(a) section 22 of the Financial Services and Markets Act 2000;
(b) any relevant order under that section; and
(c) Schedule 2 to that Act.".