Section 40
Section 354 of the principal Act is amended—
of Capital Markets and Services (Amendment) Act 2015
Amendment ActIn forceProvision 40 of 49
Section 40
(a)
in subparagraph (1)(b)(ii), by substituting for the words
“written notice, guidelines” the words “written notice, direction, guideline or practice note”;
(b)
in the proviso to subparagraph (1)(b), by substituting for the words “written notice, guidelines” the words “written notice, direction, guideline, practice note”;
(c)
in paragraph (3)(a), by substituting for the words “written notice, condition” the words “written notice, direction, practice note, condition”; and
(d)
in paragraph (3)(b), by substituting for the words “five hundred thousand” the words “one million”.
Amendment of section 355