Clause 8

by inserting, immediately after the word “purchase” wherever it appears in subsection (1)(c), (d), (e), (f), (j) and (m), the word “, repurchase”;

by inserting, immediately after paragraph (g) of subsection (1), the following paragraph:“(ga)for the purposes of money market operations —

issue securities in the name of the Authority in accordance with Part VA;

purchase, repurchase, sell, redeem, discount and re-discount such securities; and

do all things which the Authority may do under Part VA in connection with such securities;”; and

by inserting, immediately after subsection (9), the following subsections:“(10) Notwithstanding section 56 of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (Cap. 65A), the Authority may, for the purposes of performing the Authority’s functions and duties under this Act, the written laws set out in the Schedule and any other written law, require a relevant Suspicious Transaction Reporting Officer to disclose to the Authority any information or matter which he has obtained in the performance of his duties or the exercise of his functions under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act.(11) In this section —“relevant Suspicious Transaction Reporting Officer” means a Suspicious Transaction Reporting Officer who is an officer or employee of the Authority;“Suspicious Transaction Reporting Officer” has the same meaning as in section 2(1) of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act.”.