Section
18
Amendment
8. By inserting, after the definition of "listing", the follow- ing
'"member", in relation to the Exchange Company or the Unified Exchange, means a member and ao associate member, within the meaning of section 2 of the Stock Exchanges Unification Ordinance 1980, of the Exchange Company:“.
(53 DE 1980)
9. In the definition of "member firm", by deleting "a stock exchange" and subatstuting "the Exchange Compsoy",
10. By deleting the definition of "rules" and substituting the following-
""rules", in relation to the Exchange Company or the Unified Exchange, means the rules governing the operation and management of the Unified Exchange or the conduct of its members, by whatever name they may be called and wherever contained;". 11. By deleting the definition of "stockbroker" and sub- stituting the following-
**"stockbroker" means a dealer who is an individual member of the Exchange Company, partner of a member firm or director of a corporate member:", 12. By deleting the definition of "stock exchange" or "exchange".
Section
1400(6)
140000
14(1)(e)
1401XX0
140000)
140005)
13. In the definition of “stock market", by deleting "ʼn stock exchange" and substituting "the Exchange Company",
1403)
14. By inserting, after the definition of "underwriter". the following-
K
"Unified Exchange" or "exchange" means the stock (55 of 1980.) market established under section 27 of the Stock
Exchanges Unißeation Ordinance 1980;"
2(3)
1.
By deleting "a stock exchange when the stock exchange has" and substituting "the Unified Exchange when the exchange has**.
2. By deleting "that exchange" and substituting "the Unified Exchange".
1. In paragraph (c), by deleting "Federation" and substitue- ing "Exchange Company and the Unißed Exchange".
IXXα)
Heading to
13
Part III
2.
In paragraph_(<), _by_deleting "Federation" and sub- stituting "Unified Exchange".
20
3. In paragraph (), by deleting "stock exchanges" and aubstituting the Unisted Exchange".
140)
By deleting "Federation" and substituting "Exchange Com- pany",
1401Xα)
I.
By deleting "stock exchanges" and substituting "the Unified Exchange".
21
In sub-paragraph (), by deleting "exchanged" and sub- stimating "the Unified Exchange".
3. lo sub-paragraph (i), by deleting "at exchanges" and substituting on the Unified Exchange".
4. In sub-paragraph (iii), by deleting at any stock exchange" and substituting "on the Unified Exchange".
19
Amendment
By deleting "any stock exchange" and substituting the Exchange Company”,
By deleting the paragraph and substituting the following-
"(4) the qualifications for membership of the Exchange Company and the maximum number of persons that may be admitted to such membership;**.
By deleting "stock exchanges" and substituting "the Unifled Exchange".
1. By deleting a stock exchange" and substituting “the Unified Exchange".
2 By deleting "exchange" and substituting "Exchange Com- pany".
1. By deleting "the chairman of a stock exchange com minee" and substituting “a chairman of the committee of the Exchange Company".
Z
By deleting "exchange" and substituting "Exchange Company",
By deleting a stack exchange which" and substituting "the Exchange Company when it".
By deleting the subsection and substituting the following-
"(3) Nothing in this section prevents the Ex- change Company from making rules on any matter mentioned in subsection (1) under section 34 of the Stock Exchanges Linification Ordinance 1980 or the constitution of the Exchange Company if those rules have been approved by the Commission, but any such rules sball bave effect only to the extent that they are not repugnant to any rule made by the Commission under subsection (1)”.
135 of 1920.3
By deleting "stock exchanges" and substituting "the Ex- change Company".
By deleting "EXCHANGES" and substituling "Markets".
By deleting subsection (1) and substituting the following--
"(1) No person shall-
(a) establish or operate a stock market that is not
the Unified Exchange, or
(6) assist in the operation of a stock market that, to his knowledge, is not the Unified Exchange.".
*(55 of 1980.)
By deleting subsection (1) and substituting the following-
(1) Subject to section 42(2) of the Stock Ex- changes Unification Ordinance 1980, no person, other than the Exchange Company, shall-
(a) take or use the title "stock exchange" or "unified exchange" or "unified stock ex- change" or "united exchange" or "united stock exchange"; or