The Principal Act is hereby amended by the insertion of the following section after section 6:
(a) In this section -
'intermediary' means a person who intervenes for another person in a supply of investment gold while acting in the name and for the account of that other person;
'investment gold' means -
(i) gold in the form of -
(I) a bar, or
(II) a wafer,
of a weight accepted by a bullion market and of a purity equal to or greater than 995 parts per one thousand parts, and
(ii) gold coins which -
(I) are of a purity equal to or greater than 900 parts per one thousand parts,
(II) are minted after 1800,
(III) are or have been legal tender in their country of origin, and
(IV) are normally sold at a price which does not exceed the open market value of the gold contained in the coins by more than 80 per cent.
(b) For the purposes of the definition of investment gold in paragraph (a), gold coins which are listed in the 'C' series of the Official Journal of the European Communi