Clause 64

by deleting the words “shares or debentures, or units of shares or debentures of a company offered to the public” in the 1st and 2nd lines of subsection (1) and substituting the words “securities of a company”;

by deleting the words “shares or debentures, or units of shares or debentures” in subsection (1)(b) and substituting the word “securities”;

by deleting paragraph (a) of subsection (2) and substituting the following paragraph:“(a)be calculated based on the price at which each share or debenture, or each unit of share or debenture, is or will be offered; and”;

by deleting subsection (3) and substituting the following subsection:“(3) The amount payable on application on each share or debenture, or each unit of share or debenture, offered shall not be less than 5% of the price at which the share or debenture, or unit of share or debenture, is or will be offered.”; and

by deleting the words “shares or debentures, or units of shares or debentures,” wherever they appear in subsections (4) and (9) and substituting in each case the word “securities”.