Securities Commission (Amendment) Act 2011 · s 33

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s 33New section 159a

The principal Act is amended by inserting after section 159

the following section:

“Power to amend schedules 159a. (1) The Minister may, on the recommendation of the Commission, by order published in the Gazette, vary, delete, add to, substitute for, or otherwise amend any of the schedules in this Act.

(2)

The Minister in varying, deleting, adding or substituting any of the schedules referred to in subsection (1) may impose such terms and conditions as he thinks necessary.

(3)

In making the order under subsection (1), the Minister shall have regard to the interests of the public.”.