Clause 5

by deleting paragraph (a) of subsection (1) and substituting the following paragraph:“(a)comply, at all times during the currency of its licence, with such financial requirements as may be prescribed or specified under section 9(1); and”;

by inserting, immediately after the words “as may be prescribed” in subsection (1)(b), the words “or specified”; (c)by deleting the words “minimum financial requirements or such other requirements as may be prescribed” in subsection (2)(b)(i) and (iii) and substituting in each case the words “financial requirements prescribed or specified”;

by inserting, immediately after the words “in force a professional indemnity insurance policy,” in subsection (2)(b)(ii), the words “the cover of which is consistent with the limit and deductible requirements prescribed or specified under section 9(1)(c),”; and

by deleting the words “maintain minimum” in the section heading and substituting the words “comply with”.