Clause 11

A securities exchange or futures exchange shall continue to satisfy such conditions or restrictions as are required for the corporation to be approved as a securities exchange or futures exchange, and in particular, the requirements specified in sections 9(4) and 10 and any regulations made under section 7.

A securities exchange or futures exchange which contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $200,000 and, in the case of a continuing offence, to a further fine not exceeding $20,000 for every day or part thereof during which the offence continues after conviction.