Subsection (2) reflects the fact that under section 3 of the Northern Ireland (Miscellaneous Provisions) Act 2014 a person may no longer simultaneously hold office as a Member and an MP. It remains possible that a person may be paid a salary as a Member of the Assembly while also serving as a Member of the House of Lords. Subsection (3) makes the necessary changes to legislation consequent upon the name of the IFRP becoming the Board.
Commentary on Sections Section 7: Minor and consequential amendments