(1) On hearing an application for a Lloyd's market reorganisation order, the court may make -

(a) a Lloyd's market reorganisation order, and

(b) any other order in addition to a Lloyd's market reorganisation order which the court thinks appropriate for the attainment of either or both of the objectives in regulation 5.

(2) A Lloyd's market reorganisation order comes into force -

(a) at the time appointed by the court; or

(b) if no time is so appointed, when the order is made

and remains in force until revoked by the court.

(3) The court may on an application made by the PRA or the Society at the same time as an application under regulation 6 or the reorganisation controller, the PRA, the Society, a subsidiary of the Society or any affected market participant at any time while the Lloyd's market reorganisation order is in force, amend or vary a Lloyd's market reorganisation order so that it -

(a) does not apply to -

(i) particular assets, or