Page 823 - IOM Law Society Rules Book

c.13 Proceeds of Crime Act 2008 445

Section 224(2) SCHEDULE 8

AMENDMENTS TO THIS ACT CONSEQUENTIAL TO
THE PASSING OF OTHER ENACTMENTS
1. Upon the passing of the Administration of Justice Act 2008, after section
101(4) of this Act insert —

“(5) Sections 9 to 11 of the Administration of Justice Act 2008
apply in relation to restraint proceedings as they apply in relation to
civil proceedings.”.

2. Upon the passing of the Collective Investment Schemes Act 2008, in
paragraph 1(1)(l) of Schedule 4 to this Act, for “section 30 of the Financial
Supervision Act 1988” substitute “section 1 of the Collective Investment Schemes
Act 2008”.

3. Upon the passing of the Corruption Act 2008, in paragraph 10 of Schedule
3 to this Act, for “Corruption Act 1986” substitute “Corruption Act 2008”.

4. Upon the passing of the Financial Services Act 2008 —

(a) in section 60(6)(a) of this Act, for “section 13 of the Investment
Business Act 1991” substitute “section 20 of the Financial Services
Act 2008”;

(b) for section 116(8)(a) of this Act substitute —

“(a) a bank is a deposit-taking business within the meaning of
the Financial Services Act 2008;”;

(c) for paragraph 1(1)(o) of Schedule 4 to this Act substitute —

“(o) the business of engaging in any regulated activity within
the meaning of the Financial Services Act 2008;”.

5. Upon the passing of the Insurance Act 2008 —

(a) in section 60(6)(a) of this Act, for “section 28B of the Insurance Act
1986” substitute “section 39 of the Insurance Act 2008”;

(b) in paragraph 1(1)(h) and (i) of Schedule 4 to this Act, for “Insurance
Act 1986” substitute “Insurance Act 2008”;

(c) in paragraph 1(1)(j) of Schedule 4 to this Act, for “Insurance
Intermediaries (General Business) Act 1996” substitute “Insurance Act
2008”.