(1) The Treasury may by order amend section 48B(8) by -
(a) adding to the list of excluded liabilities;
(b) amending or omitting any paragraph of that subsection, other than paragraphs (a) to (c).
(2) The Treasury may by order amend section 48C or 48D.
(3) The powers conferred by subsections (1) and (2) include power to make consequential and transitional provision.
(4) An order under this section -
(a) is to be made by statutory instrument, and
(b) may not be made unless a draft has been laid before and approved by resolution of each House of Parliament.
(5) The Treasury must consult before laying a draft order under this section before Parliament.