Clause 167

by deleting sub-paragraphs (i) and (ii) of subsection (1)(d) and substituting the following sub‑paragraphs:“(i)the holder of a capital markets services licence to deal in capital markets products that are units in a collective investment scheme;

an exempt person in respect of dealing in capital markets products that are units in a collective investment scheme;”;

by deleting the word “or” at the end of subsection (1)(d)(iv);

by deleting sub-paragraph (v) of subsection (1)(d) and substituting the following sub‑paragraphs:“(v)a person who is licensed, approved, authorised or otherwise regulated under the laws, codes or other requirements of any foreign jurisdiction in respect of dealing in capital markets products that are units in a collective investment scheme or marketing of collective investment schemes; or

a person who is exempt from the laws, codes or other requirements mentioned in sub‑paragraph (v) in respect of units in a collective investment scheme or marketing of collective investment schemes; and”;

by deleting paragraph (b) of subsection (5) and substituting the following paragraph:“(b)by that person or another person from any offer of units in a collective investment scheme, securities or securities‑based derivatives contracts, which is a closely related offer,”;

by deleting the words “subsection (1), section 272A(1) or 282V(1)” in subsection (5) and substituting the words “subsection (1) or section 272A(1)”; and

by deleting the words “a securities exchange, futures exchange or overseas securities exchange” in subsection (10)(ii) and substituting the words “an approved exchange or overseas exchange”.