Clause 24

by deleting sub-paragraph (d) of paragraph 1; and

by deleting paragraph 2 and substituting the following paragraph:“2. In this Schedule, “accredited investor” means —

an individual —

whose net personal assets exceed in value $2 million (or its equivalent in a foreign currency) or such other amount as the Board may prescribe in place of the first amount; or

whose income in the preceding 12 months is not less than $300,000 (or its equivalent in a foreign currency) or such other amount as the Board may prescribe in place of the first amount;

a corporation with net assets exceeding $10 million in value (or its equivalent in a foreign currency) or such other amount as the Board may prescribe, in place of the first amount, as determined by —

the most recent audited balance-sheet of the corporation; or

where the corporation is not required to prepare audited accounts regularly, a balance-sheet of the corporation certified by the corporation as giving a true and fair view of the state of affairs of the corporation as of the date of the balance-sheet, which date shall be within the preceding 12 months;

the trustee of such trust as the Board may prescribe, when acting in that capacity; or

such other person as the Board may prescribe.”.