percentage of the consideration for such purchase and sale; and
different rates may be specified under this subsection in respect of
different classes of securities.
(2) In the case of every leviable transaction in each market of
the Futures Exchange Company, the purchaser and the seller shall each
of them be liable to pay to the Commission a levy of such amount as
may be specified by order of the Governor in Council; and different
amounts may be specified under this subsection in respect of
different leviable transactions.
(3) The Stock Exchange Company shall collect, account for and
pay to the Commission the levy referred to in subsection (1).
(4)
The Futures Exchange Company shall collect, account for and
pay to the Commission the levy referred to in subsection (2).
(5) The Governor in Council may by order amend the rate or
amount of levy payable under subsection (1) or (2).
(6) If at any time in any financial year the reserves of the
Commission, after deducting depreciation and all provisions, are more
than an amount equivalent to twice the estimated operating expenses
of the Commission for that financial year, submitted and approved in
accordance with section 13(2), and the Commission then has no
outstanding borrowings, the Commission shall consult the Financial
Secretary with a view to recommending to the Governor in Council that
the rate or amount of a levy payable under this section or fees or