Clause 9

by deleting the words “or proposed corporation” in the second and third lines of subsection (1); and

by deleting subsection (6) and substituting the following subsection:“(6) Nothing in this section applies to a prescribed corporation and nothing in this Act requires a prospectus to be issued in connection with —

an invitation issued by a prescribed corporation to the public to subscribe for or purchase debentures of a prescribed corporation;

an offer made by a prescribed corporation to the public of debentures of the prescribed corporation; or

any invitation to lend money to or deposit money with a prescribed corporation.”.