Clause 9

by deleting the words “one-tenth” appearing in the seventh line of subsection (1) thereof and substituting therefor the words “five per cent”;

by deleting the words “one-tenth” appearing in the ninth line of subsection (2) thereof and substituting therefor the words “five per cent”; and

by inserting immediately after subsection (3) thereof the following subsection: —“(4) Every person who, at the time this subsection comes into operation —

has an interest or interests in one or more voting shares in a company; or

in the case of a company the share capital of which is divided into two or more classes of shares, has an interest or interests in one or more voting shares included in one of those classes,and the nominal value of that share or the aggregate of the nominal amount of those shares is equal to five per cent or more but less than ten per cent of the aggregate of the nominal amount of all the voting shares in the company has a substantial shareholding in the company and is a substantial shareholder of that company and shall be under an obligation to give notice in writing to the company stating full particulars of the voting shares in the company in which he has an interest or interests and the full particulars of each such interest and of the circumstances by reason of which he has that interest.(5) The provisions of this Division shall apply to a substantial shareholder under subsection (4) of this section.”.