Clause 51

by deleting the word “corporations” in subsection (1) and in the section heading and substituting in each case the word “entities”;

by deleting the word “corporation” wherever it appears in subsections (2), (4) and (5) and substituting in each case the word “entity”;

by deleting the words “section 240(1)(a)(ii), (4)(b), (13)(c) and (14)(c)” in subsection (2) and substituting the words “section 240(1)(a)(ii), (4)(b), (4A), (13)(c) and (14)(c)”;

by inserting, immediately after the word “directors” in subsection (3) and in the section heading, the words “or equivalent persons”; and

by inserting, immediately after the word “director” in subsection (4), the words “or equivalent person”.