(1) Each reference to the Company in section 3(1) of the ICC Bank Act, 1992, shall be construed as including any subsidiary of ICC Bank plc which carries on its business by virtue of an order made under section 7(4)(b) (as substituted by section 30 of the Act of 1989) of the Central Bank Act, 1971.
(2) Any Regulations made under section 3(1) of the ICC Bank Act, 1992, shall apply equally to any such subsidiary of the Company.