(1) Schedule 11A (transferable securities) [Inserted by S.I. 2005/1433.] is amended as follows.

(2) Omit Part 1.

(3) In Part 2 -

(a) omit paragraph 7(1),

(b) in paragraph 7(2) for "The bodies are" substitute "The bodies recognised for the purposes of Article 1(2)(e) of the prospectus regulation are", and

(c) omit paragraphs 8 and 9.

(4) In the shoulder reference, for "85(5)(a)" substitute "85(6A)".