an Exchange Company shall
have effect unless such
appointment is approved by
the Commission.".
(c) In section 15
(i) in subsection (1), add
after "Ordinance"
", and by any of its members
to whom financial resources
rules apply or, in case such
rules so apply subject to a
condition or other
modification, that they are
complied with by the member
concerned in accordance with
the condition or
modification"; and
(ii) in subsection (2)(a), add
after "section 65B" -
"and any financial resources
rules or, where appropriate,
with any such rules as
modified".