s.2amendedAmended section heading and inserted new definitions for exempted limited partnership, limited liability partnership, and partnership. s.34amendedRepealed subsection (18). sch.substitutedReplaced with a new section expanding the Authority's power to impose administrative fines and providing for liability of officers and partners.
sch.amendedUpdated fine amounts to use words instead of figures and revised the fine structure for serious and very serious breaches.
sch.amendedAmended the definition of 'disgorgement principle' to change 'licensees under' to 'persons regulated under the'.
sch.substitutedReplaced with a new section on regulations under this Part, providing for prescribed provisions, forms, procedures, appeals, etc.
sch.addedAdded new section on offences by corporations, partnerships, unincorporated associations, etc., establishing liability for officers and partners.
s.50amendedAmended to allow disclosure to overseas regulatory authority and insert new subsections regarding criminal conduct. sch.addedAdded new section on disclosure to the competent authority, allowing sharing of information with the Minister under the Companies Act.