(1) Whenever a deposit is, immediately before the commencement of sections 8 and 9 of this Act, maintained in pursuance of the Act of 1936 with the Accountant by an assurance company or the Committee of Lloyd's in respect of a particular class of assurance business and the company or Committee is required by the said section 8 or 9, as the case may be, to deposit and keep deposited with the Accountant a sum of money in respect of the same particular class of assurance business, the said deposit so maintained immediately before the commencement of the said sections 8 and 9 and the investments then representing the same shall be retained by the Accountant and be deemed to be part of a deposit made in pursuance of the said section 8 or 9, as the case may be, by the company or Committee, as the case may be, in respect of the said particular class of assurance business.