(1) The Insurers (Reorganisation and Winding Up) (Lloyd's) Regulations 2005 [S.I. 2005/1998.] are amended as follows.

(2) In regulation 2 (interpretation), in paragraph (1) -

(a) in the definition of "the association of underwriters known as Lloyd's" at the end insert ", as it had effect immediately before IP completion day"; and

(b) in the definition of "overseas insurance business" for "that is not or is not part of an EEA State" substitute "other than the United Kingdom".

(3) In regulation 10 (announcement of appointment of controller) omit paragraph (2).

(4) Omit the following regulations -

(a) regulation 34 (notification of relevant decision to EEA Regulators);

(b) regulation 35 (application of certain publication requirements in the principal Regulations to members);

(c) regulation 36 (notification to creditors: winding up proceedings relating to members); and

(d) regulation 37 (submission of claims by EEA creditor).

(5) In regulation 39 (service of notices and documents) -