Clause 74
Repeal and re-enactment of section 274
of Securities and Futures (Amendment No. 2) Bill
BillNot in forceProvision 74 of 113
Clause 74
Section 274 of the principal Act is repealed and the following section substituted therefor:“Offer made to institutional investors
274. Subdivisions (2) and (3) of this Division (other than section 257) shall not apply to an offer of securities, whether or not they have been previously issued, made to an institutional investor.”.