Clause 5

by deleting the word “and” at the end of sub‑paragraph (iii) of subsection (1)(a), and by inserting immediately thereafter the following sub‑paragraph:“(iv)commercial property upgrading works within the precinct; and”;

by inserting, immediately after subsection (3), the following subsection:“(3A) A poll conducted in connection with any proposal to carry out commercial property upgrading works within a precinct must be a poll of the prescribed owners of commercial property the owners of which will benefit from the commercial property upgrading works within that precinct.”; and

by inserting, immediately after subsection (9), the following subsection:“(9A) The Board may, with the Minister’s approval, carry out any commercial property upgrading works within a precinct if, and only if, it appears from a poll of the owners mentioned in subsection (3A) that 75% or more of the total value in votes of those owners have been cast in favour of the proposal to carry out those upgrading works.”.