Clause 140

by inserting, immediately after the words “permission for the securities” in subsection (1), the words “or securities‑based derivatives contracts”;

by deleting the words “securities exchange” wherever they appear in subsection (1) and substituting in each case the words “approved exchange”;

by inserting, immediately after the words “made of securities” in subsection (1)(i), the words “or securities‑based derivatives contracts”;

by inserting, immediately after the words “allot such securities” in subsection (1)(ii), the words “or securities‑based derivatives contracts”;

by deleting subsection (3) and substituting the following subsection:“(3) Where in relation to any securities or securities‑based derivatives contracts —

permission is not applied for as mentioned in subsection (1)(a); or

permission is not granted as mentioned in subsection (1)(b),the Authority may, on the application of the issuer made before any of the securities or securities‑based derivatives contracts is purported to be allotted, exempt the allotment of the securities or securities‑based derivatives contracts from the provisions of this section, and the Authority must give notice of such exemption in the Gazette.”;

by inserting, immediately after the word “securities” wherever it appears in subsections (5) and (6), the words “or securities‑based derivatives contracts”;

by deleting the words “securities exchange” wherever they appear in subsection (9) and substituting in each case the words “approved exchange”;

by deleting subsection (11) and substituting the following subsection:“(11) A person must not issue a prospectus inviting persons to subscribe for securities or securities‑based derivatives contracts of an entity if it includes —

a false or misleading statement that permission has been granted for those securities or securities‑based derivatives contracts to be listed for quotation on, dealt in or quoted on any approved exchange; or

any statement in any way referring to any such permission or to any application or intended application for any such permission, or to listing for quotation, dealing in or quoting the securities or securities‑based derivatives contracts on any approved exchange, or to any requirement of an approved exchange, unless —

that statement is or is to the effect that permission has been granted, or that application has been or will be made to the approved exchange within 3 days after the date of the issue of the prospectus; or

that statement has been approved by the Authority for inclusion in the prospectus.”;

by deleting the words “securities exchange” wherever they appear in subsection (13) and substituting in each case the words “approved exchange”;

by inserting, immediately after the words “for the securities” in subsection (13), the words “or securities‑based derivatives contracts”; and

by deleting the section heading and substituting the following section heading:“Allotment of securities or securities‑based derivatives contracts where prospectus indicates application to list on approved exchange”.