(1) Any party to any
action, arbitration, regulatory inquiry or proceeding relating to an excluded
asset or a BNZ employee is entitled at any stage to seek leave to amend
any writ, pleading or other document filed by the party in the action,
arbitration, regulatory inquiry or proceeding by substituting for the name of
National the name of BNZ as party.
(2) No order is to be
made against any party so amending to pay to National or to BNZ any costs
occasioned by that amendment.
(3) The action,
arbitration, regulatory inquiry or proceeding is to be continued as if BNZ had
originally been made a party to it.