Section 19 of the Principal Act is amended as follows:

(a) by omitting from subsection (1)(a) "it" and substituting "the Regulator" ;

(b) by omitting from subsection (1)(a) "its" twice occurring and substituting "his or her" ;

(c) by omitting from subsection (1)(c) "it" and substituting "the Regulator" ;

(d) by omitting from subsection (3)(a) "its" twice occurring and substituting "his or her" ;

(e) by omitting paragraph (b) from subsection (3) and substituting the following paragraph:

(b) in the payment of the remuneration and allowances of the Regulator, the Acting Regulator or an Assistant Regulator; and