Clause 4

by deleting paragraph (c) of subsection (1) and substituting the following paragraph:“(c)the document is described or referred to in the prospectus and in any other document whether constituting or relating to the invitation in any of the following forms of debt obligation, in accordance with this section:

unsecured loan stock, unsecured note, unsecured deposit note, unsecured debenture or certificate of unsecured debenture stock, bonds (including bearer and Eurobonds) short or medium term notes (including Euronotes) or convertible loan stock;

mortgage bonds, mortgage debenture or certificate of mortgage debenture stock;

a secured debenture or certificate of debenture stock; or

such other form as the Registrar may approve as having effect for the purposes of this section but subject to such conditions as he may impose,”;

by deleting the words “as an unsecured note or an unsecured deposit note” in subsection (3) and substituting the words “in the form described in subsection (1)(c)(i) or approved under subsection (1)(c)(iv)”;

by deleting the words “as a mortgage debenture or certificate of mortgage debenture stock” in subsection (4) and substituting the words “in the form described in subsection (1)(c)(ii)”;

by deleting the words “as a debenture or certificate of debenture stock” in the third line of subsection (5) and substituting the words “in the form described in subsection (1)(c)(iii)”;

by deleting the words “a mortgage debenture or certificate of mortgage debenture stock” in subsection (5)(a) and substituting the words “in the form described in subsection (1)(c)(ii)”;

by deleting subsection (10); and

by deleting subsection (11) and substituting the following subsection:“(11) For the purposes of this section, a certificate issued by a borrowing corporation certifying, in respect of any deposit with or a loan to the corporation, that the registered holder (or in the case of a bearer instrument, the bearer) of a specified number or value of the debt obligations described or approved under subsection (1)(c), issued by the corporation upon or subject to the terms and conditions contained in a trust deed referred to or identified in the certificate, shall be deemed to be a document evidencing the indebtedness of that corporation in respect of that deposit or loan.”.