Clause 5

replace subsection (1) with —“(1) If any event in subsection (3) occurs, the licensee in question must notify the Registrar in writing of the occurrence not later than 7 business days after the licensee becomes aware of the event.”;

delete subsection (2);

in subsection (3), replace “subsections (1) and (2)” with “subsection (1)”;

in subsection (3)(e)(i), insert “or” at the end;

in subsection (3)(e), replace sub‑paragraphs (ii) and (iii) with —“(ii)any substantial shareholder of the licensee;”;

in subsection (4), delete “or (2)”;

in subsection (4)(b), replace “7 days” with “7 business days”; and

in subsection (5), delete “, (2)”.