Clause 103

by inserting, immediately after sub-paragraph (ii) of paragraph (a) of the definition of “misconduct” in subsection (2), the following sub-paragraph:“(iia)any direction made by the Authority under this Act;”;

by deleting the words “notice, direction,” in paragraph (a)(iii) of the definition of “misconduct” in subsection (2);

by deleting paragraph (b) of the definition of “misconduct” in subsection (2) and substituting the following paragraphs:“(b)the failure by an officer of a relevant person to discharge any duty or function of his office; or

the commission of an offence under section 331 or 332(1);”;

by inserting, immediately after the definition of “misconduct” in subsection (2), the following definitions:“ “officer” —

in relation to a body corporate, means a director, member of the committee of management, chief executive, manager, secretary or other similar officer of the body, and includes a person purporting to act in any such capacity; or

in relation to an unincorporated association (other than a partnership), means the president, the secretary, or a member of the committee of the association or a person holding a position analogous to that of president, secretary or member of a committee, and includes a person purporting to act in any such capacity;“partner” includes a person purporting to act as a partner;”; and

by inserting, immediately after the word “officer” in the definition of “relevant person” in subsection (2), the word “, partner”.