Which older British battleships would be modernised?

Would the oldest British capital ships still be modernised under the proposed treaty?

Probably only the Queen Elizabeth class; the other older ships would be replaced as quickly as the schedule permits.

Major reconstruction would probably concentrate on the Queen Elizabeth class. Other elderly British capital ships could be replaced as quickly as the proposed calendar allowed. Modernisation and replacement would work together to renew the battle line. This approach preserves the Queen Elizabeths without committing the navy to rebuild every older class.