158. In the Schedule to the Northern Rock plc Compensation Scheme Order 2008(1) (the Northern Rock plc compensation scheme)—
(a)in paragraph 2 (interpretation) omit the definition of “the Tribunal”;
(b)in paragraph 13 and the heading (right to refer to the Tribunal) for “Tribunal” substitute “Upper Tribunal”;
(c)in paragraph 14(2)(b) (payment of compensation) for “Tribunal” substitute “Upper Tribunal”;
(d)in the heading of Part 5 (references to the Tribunal) for “Tribunal” substitute “Upper Tribunal”;
(e)for paragraph 15 (application of the Financial Services and Markets Act 2000) substitute—
15. The provisions of Part 9 (hearing and appeals) of FSMA 2000 shall apply in respect of any reference made under paragraph 13, subject to the modifications set out in this Part.”;
(f)for paragraph 16 substitute—
“16. Part 9 of FSMA 2000 is modified as follows.”;
(g)omit paragraph 17;
(h)in paragraph 18—
(i)omit sub-paragraph (i);
(ii)in sub-paragraph (ii) for “(4)” in both places substitute “(5)”; and
(iii)for sub-paragraph (iii) substitute—
“(iii)omit subsection (6).”;
(i)in paragraph 19 after “sections” insert “133A and”; and
(j)omit paragraphs 20 to 28 and the preceding heading (modification of Financial Services and Markets Tribunal Rules 2001).