(1)The Securities Industry Law, 1993 (P.N.D.C.L. 333) as amended by the Securities Industry (Amendment) Act 2000 (Act 590) is hereby further amended

(a) by the insertion of a new section 9 (c) as follows:

"to register, licence, authorise or regulate, in accordance with this Act or any regulations made under it, stock exchanges, investment advisers, unit trust schemes, mutual funds, securities dealers, central securities depositories, and their agents, and to control and supervise their activities with a view to maintaining proper standards of conduct and acceptable practices in the securities business;"

(b) by the deletion of the following from the definition of "dealer" under section 142 of the Securities Industry Law, 1993 (P.N.D.C.L. 333) as amended by section 12

(c) of the Securities Industry (Amendment) Act, 2000 (Act 590).

"a person who performs the functions of central securities depository and / or provides securities clearing and settlement facilities".

(2)Section 52 of the Companies Code is hereby repealed.

(3)Section 82 of the Companies Code is hereby repealed.

(4)The First Schedule to the Companies Code, is hereby amended by the substitution of the following for the definition of the "Register"

"Register" includes a Register maintained in electronic form and saved on any device including a disc, tape, or other device in which sounds or other data are embodied so as to be capable (with or without the aid of some other instrument) of being reproduced from the disc, tape or other device."