Clause 17

by deleting the words “by 3 months” in the fifth line of subsection (2) and substituting the words “by not more than 3 months”; and

by inserting, immediately after subsection (3), the following subsection:“(4) Notwithstanding any other provision of this Act [Cap. 50] or the Companies Act, the Authority may at any time remove an auditor appointed by a futures broker if the Authority is not satisfied with the performance of his duties as an auditor of the futures broker and require the futures broker, as soon as practicable thereafter, to appoint another auditor to replace him.”.