The Principal Act is amended -

(a) in section 1 -

(i) in subsection (1), in the definition of "accountable person", by inserting "(subject to subsection (1A))" after "means", and

(ii) by inserting the following after subsection (1):

"(1A) The following persons shall not be accountable persons for the purposes of this Act:

(a) the National Treasury Management Agency;

(b) the Minister in relation to a function exercised by the Minister which is capable of being delegated to the National Treasury Management Agency under section 5 of the National Treasury Management Agency Act 1990.",

and

(b) by deleting section 108.