Clause 19

by inserting, immediately after the words “transmit to the Authority” in subsection (1), the words “any information relating to its shareholders which the Minister or the Authority may require for the purpose of ascertaining or investigating into the control of shareholding or voting power in the designated financial institution, or exercising any power or function under sections 15A to 17, including”;

by deleting the words “inform the Authority” in subsection (2) and substituting the words “provide to the Authority any information relating to the shareholder or the person, as the case may be, which the Minister or the Authority may require for the purpose of ascertaining or investigating into the control of shareholding or voting power in the designated financial institution, or exercising any power or function under sections 15A to 17, including”;

by deleting the words “the person shall comply” in the 16th line of subsection (2) and substituting the words “the shareholder or the person shall comply”; and

by deleting the words “makes a statement which is false” in subsection (3)(b) and substituting the words “furnishes any information or document that is false or misleading”.