Clause 71
Amendment of section 137Y
of Securities and Futures (Amendment) Bill
Section 137Y of the principal Act is amended —
by inserting, immediately after the word “securities,” in subsection (1)(c), the words “securities‑based derivatives contracts or units in a collective investment scheme”;
by deleting the words “or other securities” in subsection (2)(b)(ii)(B) and substituting the words “, other securities, securities‑based derivatives contracts or units in a collective investment scheme”; and
by inserting, immediately after the word “securities” wherever it appears in subsection (3), the words “, securities‑based derivatives contracts or units in a collective investment scheme”.