111.— (1) The European Communities (Financial Collateral Arrangements) Regulations 2010 (S.I. No. 626 of 2010) are amended as set out in Part 1 of Schedule 3.

(2) The Regulations of 2011 are amended as set out in Part 2 of Schedule 3.

(3) The amendment of an instrument by this section does not prevent or restrict the subsequent amendment or revocation of the instrument in the manner provided for in the Act under which the instrument was made.