Clause 125

by inserting, immediately after the words “relevant securities” in subsections (1) and (2), the words “or securities‑based derivatives contracts”;

by deleting the words “securities exchange, futures exchange, overseas securities exchange or overseas futures exchange” in subsection (2)(c) and substituting the words “approved exchange or overseas exchange”;

by deleting the definition of “relevant securities” in subsection (5) and substituting the following definition:“ “relevant securities or securities-based derivatives contracts” means —

asset-backed securities;

structured notes; or

such other securities or securities‑based derivatives contracts as the Authority may prescribe by regulations made under section 341;”; and

by inserting, immediately after the word “securities” wherever it appears in paragraph (b)(iii) and (A) of the definition of “structured notes” in subsection (5), the words “or securities‑based derivatives contracts”.