Clause 32

by deleting the words “licensed trade repository or licensed foreign trade repository” in subsection (2) and substituting the words “approved holding company”; and

by inserting, immediately after subsection (2), the following subsections:“(2A) The Authority may, at any time, by notice in writing, add to, vary or revoke the conditions or restrictions mentioned in subsection (2).(2B) An approved holding company, or any class of approved holding companies, that is exempted under subsection (1) must satisfy every condition or restriction imposed on it under that subsection.(2C) An approved holding company, or any class of approved holding companies, that is exempted under subsection (2) must, for the duration of the exemption, satisfy every condition or restriction imposed on it under that subsection and subsection (2A).”.