Clause 55
Amendment of section 224
of Securities and Futures (Amendment) Bill
BillNot in forceProvision 55 of 112
Clause 55
The principal Act is amended by renumbering section 224 as subsection (1) of that section, and by inserting immediately thereafter the following subsection:“(2) Sections 218(2) and 219(2) shall not apply in respect of the sale of securities pursuant to any requirement imposed by the Government or any requirement imposed under any written law or order of court.”.