Section 62E--
omit, insert--
'(1) The first chief executive officer of a GOC may be appointed under section 102 before the commencement of a regulation declaring the candidate GOC to be a GOC.
'(2) For acting under the section--
(a) a reference in the section to the GOC's board is taken to be a reference to the candidate GOC's board of directors; and
(b) a reference in the section to the shareholding Ministers is taken to be a reference to the responsible Ministers of the candidate GOC.'.