(1)This section applies where, on any modification of the enactments in force relating to companies, it appears to the Treasury to be expedient to modify the relevant provisions of this Act for the purpose of assimilating the law relating to companies and the law relating to registered societies.
(2)The Treasury may by order make such modifications of the relevant provisions of this Act as they consider appropriate for that purpose.
(3)The “relevant provisions” of this Act are the provisions of this Act for the time being in force except—
(a)this section;
(b)section 2(1), (2)(a), (c) and (d), (3) and (4);
(c)sections 5 to 9;
(d)section 16(1) and (2);
(e)section 17;
(f)section 29;
(g)sections 36 to 40;
(h)sections 109 to 122;
(i)section 126;
(j)sections 135 and 136;
(k)paragraphs 2, 10 and 15 of Schedule 3.
(4)An order under this section may modify the relevant provisions of this Act so as to—
(a)confer power to make orders, regulations, rules or other subordinate legislation;
(b)create criminal offences;
(c)provide for the charging of fees, but not any charge in the nature of taxation.
(5)An order under this section may—
(a)make consequential amendments of, or repeals in, the provisions listed in subsection (3);
(b)make such transitional or saving provisions as appear to the Treasury to be necessary or expedient.
(6)In this section “modification” includes any additions.
(7)The reference in subsection (1) to modifications of the enactments relating to companies includes any modification whether effected by—
(a)an Act passed after the passing of the Industrial and Provident Societies Act 2002, or
(b)an instrument made after the passing of that Act, under an Act whenever passed.