8. (1) The Financial Institutions Code set out in section 30 of the Financial Institutions Act as in force for the time being—
(a) applies as a law of the Territory, subject to subsection (2) of this section; and
(b) as so applying, may be referred to as the Financial Institutions (ACT) Code.
(2) Sections 59, 61 and 65 of the Financial Institutions Code set out in section 30 of the Financial Institutions Act do not apply as laws of the Territory.