Section 91 of the Act of 1989 is hereby amended by the insertion of the following subsection after subsection (2):
"(3) Notwithstanding subsection (1), an order under this section may provide that -
(a) the provisions of this Chapter shall not apply to financial institutions of a specified class or financial institutions engaged in a specified class of business, or
(b) the provisions of this Chapter shall apply to every such financial institution referred to in subparagraph (a) to the extent only specified in the order.".