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Version status: Partly in force | Document consolidation status: Updated to reflect all known changes
Version date: 1 August 2004 - onwards
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Schedule 1, Part 4 Amendment of Stock Exchange Act 1995

Section 10(2).

Item

Provision affected

Amendment

1.

Section 10

Substitute the following subsection for subsections (3) and (4):

 

 

"(3) A direction given under this section is an appealable decision for the purposes of Part VIIA of the Central Bank Act 1942.".

2.

Section 11

Substitute the following subsection for subsection (3):

 

 

"(3) The imposition of a condition or requirement under subsection (1) is an appealable decision for the purposes of Part VIIA of the Central Bank Act 1942.".

3.

Section 14

Substitute the following section for section 14:

 

 

Bank may revoke approval of stock exchange.

14.—(1) The Bank may revoke the approval of an approved stock exchange on a request made to it by or on behalf of the exchange.".

(2) The Bank may also revoke the approval of an approved stock exchange on any of the following grounds:

 

 

 

(a) that the exchange has failed to operate as an approved stock exchange

Comparing proposed amendment...