(1) During the period:
(a) beginning at the commencement of this section; and
(b) ending immediately before the commencement of Schedule 1 to this Act;
the responsible Ministers may, by legislative instrument, make the following amendments of the Emergency Response Fund Investment Mandate Direction 2020 :
(c) in section 1 of that Direction, omitting " Emergency Response Fund " and substituting " Disaster Ready Fund ";
(d) in section 3 of that Direction, omitting "made under the Emergency Response Fund Act 2019 " and substituting "in force under the Disaster Ready Fund Act 2019 ";
(e) in the definition of Act in section 4 of that Direction, omitting " Emergency Response Fund Act 2019 " and substituting " Disaster Ready Fund Act 2019 ";
(f) in the definition of Fund in section 4 of that Direction, omitting "Emergency Response Fund" and substituting "Disaster Ready Fund".
(2) An instrument made under subsection (1) of this section must not take effect before the commencement of Schedule 1 to this Act.
(3) Section 42 of the Emergency Response Fund Act 2019 (which deals with consultation) applies to the making of an instrument under subsection (1) of this section in a corresponding way to the way in which it applies to the giving of a direction under subsection 39(1) of that Act.
(4) This section does not, by implication, limit the application of subsection 33(3) of the Acts Interpretation Act 1901 to any other power to make an instrument.
(5) For the purposes of this section, responsible Ministers has the same meaning as in the Emergency Response Fund Act 2019 .