Clause 8

by inserting, immediately after subsection (1), the following subsection:“(1A) The Minister shall not prescribe the trustee of a prescribed trust fund referred to in section 13C as a prescribed person for the purposes of subsection (1).”;

by deleting the words “one month” in subsections (3)(a) and (5)(a) and substituting in each case the words “3 months”;

by inserting, immediately after the definition of “equity interest” in subsection (9), the following definition:“ “issued securities”, in relation to a company, means —

issued debentures of, or issued stocks or shares in, the company;

any right, option or derivative in respect of any such debentures, stocks or shares; or

such other securities of the company as may be prescribed;”; and

by deleting the definitions of “securities” and “value” in subsection (9) and substituting the following definition:“ “value” —

in relation to issued securities of a company other than those prescribed under paragraph (c) of the definition of “issued securities”, means the value of those securities at the time of their issue by the company; or

in relation to issued securities of a company prescribed under paragraph (c) of the definition of “issued securities”, means the value of those securities at the prescribed time.”.