Sch 9 para 35
(1) Section 396 (statements under s.395: consultation) is amended as follows. (2) In subsection (1)— (a) after “a statement of” insert “ its ” , (b) for “the Authority”, in the first place, substitute “ the regulator ” , (c) for “the Authority”, in the second place, substitute “ it ” , and (d) for “it” substitute “ the draft ” . (3) In subsection (2), for “Authority” substitute “ regulator publishing the draft ” . (4) In subsection (3), for “Before issuing the proposed statement of procedure, the Authority” substitute “ Before a regulator issues the proposed statement of its procedure, it ” . (5) In subsection (4), for “Authority issues the proposed statement of procedure” substitute “ regulator issues the proposed statement of its procedure, ” . (6) In subsection (5)— (a) for “statement of procedure differs from the draft published” substitute “ statement of the regulator's procedure differs from the draft published by it ” , (b) for “, in the opinion of the Authority,” substitute “ , in its opinion, ” , and (c) for “the Authority must” substitute “ it must ” . (7) In subsection (6)— (a) for “The Authority” substitute “ The regulator publishing a draft under subsection (1) ” , and (b) for “a draft published under subsection (1)” substitute “ the draft ” .