Clause 8

by inserting, immediately after the definition of “arrangement” in subsection (1), the following definition:“ “associate” has the meaning given to that expression in regulations made under section 63CA;”;

by deleting the definition of “company” in subsection (1);

by deleting the words “Authority, by notification in the Gazette,” in the definition of “designated business trust” in subsection (1) and substituting the word “Minister”;

by deleting the definitions of “designated entity” and “designated gas licensee” in subsection (1) and substituting the following definitions:“ “designated entity” means an entity, not being a gas licensee, that —

owns a gas pipeline network (or any part of the network); and

is declared by the Minister to be a designated entity for the purposes of this Part;“designated gas licensee” means any of the following:

a gas transporter;

a gas transport agent;

an LNG terminal operator;

any other gas licensee declared by the Minister to be a designated gas licensee for the purposes of this Part;”;

by deleting the definition of “equity interest” in subsection (1) and substituting the following definition:“ “equity interest” has the meaning given to that expression in regulations made under section 63CA;”;

by deleting the definitions of “related corporation”, “share”, “substantial equity interest holder”, “substantial shareholder”, “treasury share”, “unit”, “unitholder”, “voting share” and “written law” in subsection (1); and

by deleting subsections (2) to (5).