127. In the Financial Services and Markets Act 2000 (Administration Orders Relating to Insurers) (Northern Ireland) Order 2007(1)—
(a)in article 3 (modification of the Insolvency Rules (Northern Ireland) 1991 in relation to insurers), from “the following sub-paragraph” to the end substitute “the following sub-paragraphs—
“(aa)the Financial Conduct Authority;
(ab)the Prudential Regulation Authority;”;
(b)in the Schedule (modifications of Part 3 of the 1989 Order in relation to insurers), for “Financial Services Authority” in each place it appears substitute “Financial Conduct Authority and, where relevant, the Prudential Regulation Authority”.