(1) The Secretary of State may by regulations make such amendments of enactments as appear to him to be necessary or expedient in consequence of any change of name, merger or transfer of engagements affecting -
(a) a recognised supervisory body or recognised qualifying body, or
(b) a body of accountants referred to in, or approved, authorised or otherwise recognised for the purposes of, any other enactment.
(2) Regulations under this section are subject to negative resolution procedure.