(i) repeal "Commissioner"
wherever it occurs and substitute
"Commission"; and
(ii) repeal subsection (3).
(i)
In section 53
(i) in subsection (1)
(A)
in paragraph (a), repeal
subparagraphs (iv), (v)
and (vi) and substitute
-
"(iv) the
applicant does not
have the financial
resources, in respect
of the business for
which he applies for
registration,
specified in any
rules made under
section 26 of the
Securities and
Futures Commission
Ordinance 1989 ( of
1989) which are then
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