Clause 45

in Part 12A, in the Part heading, replace “DESIGNATED PUBLIC LICENSEES, DESIGNATED BUSINESS TRUSTS” with “DESIGNATED OPERATING ENTITIES”;

in the following provisions, replace “designated public licensee, designated business trust” wherever it appears with “designated operating entity”:Section 86A(1) (definitions of “5% controller”, “25% controller”, “50% controller” and “75% controller”)Section 86E(4)(a) and (b)Section 86F(7) and (11)(a) and (b)Section 86G(2), (3) and (4)Section 86H(1)(c), (2)(b) and (c) and (3);

in section 86C, replace the section heading with — “Meanings of “associate”, “related corporation”, “subsidiary” and “holding company””;

in the following provisions, delete “and the holding of equity interests or the control of voting power by the accused in the designated public licensee, designated business trust or designated equity interest holder, as the case may be”:Section 86F(10)(c) and (11)(d);

in the following provisions, replace “for the compliance of” with “for compliance with”:Section 86F(10)(c)(ii), (11)(d)(ii) and (12)(c)(ii); and

in section 86F(12)(c), delete “and the accused becoming an indirect controller of the designated public licensee, designated business trust or designated equity interest holder, as the case may be”.