Clause 8

by inserting, immediately after “(Cap. 289)” in subsection (1)(a)(ii), the words “, where the conviction was on or after 1 July 2015”;

by inserting, immediately after the word “Act” in subsection (1)(b), the words “on or after 1 July 2015”;

by deleting the word “or” at the end of subsection (4)(a); and

by deleting the full‑stop at the end of paragraph (b) of subsection (4) and substituting the word “; or”, and by inserting immediately thereafter the following paragraph:“(c)in a case where the disqualified person is subject, on or after 1 July 2015, to the imposition of a civil penalty under section 232 of the Securities and Futures Act, take effect upon the imposition of the civil penalty and continue for a period of 5 years after the imposition of the civil penalty.”.