Seán Sherlock (Cork East, Labour)
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I move amendment No. 148:

In page 1007, line 8, after “to” to insert “in”.

This section is new. It provides a saver for existing regulations made under section 46 of the Investment Funds, Companies and Miscellaneous Provisions Act 2005. It expands upon paragraph 5 of Schedule 6 to the Bill, which provides that the Prospectus (Directive 2003/71/EC) Regulations, SI 324 of 2005, and any regulations amending those regulations will continue in force and may be amended or revoked accordingly.