Clause 8

by deleting the words “or any public officer” in section 50(1) and substituting the words “, any public officer, or any person with the relevant qualifications for or experience in the matter or class of matters,”;

by inserting, immediately after subsection (2) of section 50, the following subsection:“(3) A person with the relevant qualifications or experience referred to in subsection (1) shall, when exercising the delegated powers and functions, be deemed to be a public servant for the purposes of the Penal Code (Cap. 224).”;

by deleting the words “trust, whether express, implied or constructive,” in section 53(3) and substituting the words “implied or constructive trust”; and

by inserting, immediately after subsection (3) of section 53, the following subsection:“(3A) A notice of an express trust or of the beneficiary of an express trust, or both, may be entered in the Register; but —

the Registrar shall not be affected by any such notice in the Register; and

for the avoidance of doubt, a failure to enter such notice in the Register does not affect any rights or duties under the trust.”.