(1) The Lord Chancellor may[, with the concurrence of the Lord Chief Justice,] by order designate the areas which are for the time being to be comprised, for the purposes of the Parts in this Group, in the London Insolvency district and the insolvency district[, or districts, of the county court].
(2) An order under this section may contain such incidental, supplemental and transitional provisions as may appear to the Lord Chancellor [and the Lord Chief Justice] necessary or expedient.
(3) An order under this section shall be made by statutory instrument and, after being made, shall be laid before each House of Parliament.
(4) Subject to any order under this section—
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