Section 42

Section 126 of the principal Act is amended by inserting after subsection (3) the following subsection:

“(3A) For the purposes of subsection (3), where the relevant person is a holder of a Capital Markets Services Licence who carries on the business of dealing in securities, dealing in derivatives or fund management, the auditor appointed shall be an auditor registered under section 31o of the Securities

Commission Act 1993.”.