Clause 42

by inserting, immediately after the words “holding company” in subsections (1)(a) and (b) and (6), the words “or ultimate holding company, as the case may be,”;

by inserting, immediately after subsection (1), the following subsection:“(1A) Subsection (1) shall not apply to a disposition of book‑entry securities, but a Court, on being satisfied that a disposition of book‑entry securities would in the absence of this subsection be void may, on the application of the Registrar or any other person, order the transfer of the shares acquired in contravention of subsection (1).”;

by deleting the words “or (10)” in subsections (6), (7), (11) and (12) and substituting in each case the words “, (9BA) or (10)”; and

by deleting the words “gives financial assistance as mentioned in section 76(1)(a) or lends money as mentioned in section 76(1)(c)” in subsection (14) and substituting the words “gives financial assistance as mentioned in section 76(1) or lends money as mentioned in section 76(1A)(b)”.