15. The principal Act is amended —| (a) | by inserting, immediately before the word “Commodity” wherever it appears in the following provisions, the words “commodity market or a”:| Sections 5 (marginal note), 5(1) (2nd line), (2) (2nd line) and (3) (2nd line), 6(1) (3rd line) and (2) (3rd line), 7(1)(a) and (2) (2nd and 3rd lines), 11(1) (2nd line), (2) (1st line) and (3) (3rd line), 12(1)(b)(ii) and 28(1)(b) (2nd line); |
| | (b) | by inserting, immediately before the word “Commodity” wherever it appears in the following provisions, the words “commodity market or”:| Sections 6(1)(b) (last line) and (i), 15(3) (5th line), 34(1)(j), 35(5)(a) (penultimate line) and (b) (5th line) and 63(2)(b); |
| | (c) | by inserting, immediately before the word “Commodity” in section 42(3), the words “commodity market, a”; | | (d) | by inserting, immediately before the word “Commodity” in section 11(1) (3rd line) and (2) (5th and 6th lines), the words “commodity market or the”; | | (e) | by inserting, immediately before the words “a Commodity” wherever they appear in the following provisions, the words “a commodity market,”:| Sections 24(1)(d), (e) and (3) (1st line), 27(6) (4th and 5th lines), 28(1)(b)(ii) (2nd and 3rd lines), (1)(b) (21st line), (2) (2nd line) and (4) (3rd line), 34(1) (2nd line), (1)(a), (2) (1st line), (4) (1st and 2nd lines), (5) and (6) (2nd and 3rd lines), 37(2), 38(2) (4th line), 41(4) (3rd line), 42(1) (1st and 2nd lines), 51(1), 52(1) (1st and 2nd lines), 54 (4th line) and (c) and 55 (3rd line); |
| | (f) | by inserting, immediately before the word “Commodity” wherever it appears in the following provisions, the words “commodity market,”:| Sections 11 (marginal note), 36(1) (1st line), 37(1) (1st line and marginal note) and 41(1) (3rd line); |
| | (g) | by inserting, immediately before the word “Commodity” in the 2nd line of section 53, the words “commodity market, of a”; | | (h) | by inserting, immediately before the words “a commodity futures market” in the 4th line of section 8(1), the words “a commodity market or”; | | (i) | by inserting, immediately before the words “commodity futures market” wherever they appear in the following provisions, the words “commodity market or a”:| Sections 9(2)(a) (last line), 11(1) (9th line) and 35(1) (penultimate and last lines) and (4); |
| | (j) | by inserting, immediately before the words “commodity futures market” wherever they appear in the following provisions, the words “commodity market or”:| Sections 27(2) (4th line), 35(5)(a) (3rd line), (b) (3rd line), 38(1) (4th, 8th and 9th lines) and 62; |
| | (k) | by inserting, immediately before the words “commodity futures broker” wherever they appear in the following provisions, the words “commodity broker or a”:| Sections 12(1)(a) and (b)(i) and 23(1)(a) and (3); |
| | (l) | by inserting, immediately after the word “by” in the 2nd line of section 22(1), the words “commodity brokers and”; | | (m) | by inserting, immediately after the word “every” in the 1st line of section 22(2)(e), the words “commodity broker and”; | | (n) | by inserting, immediately before the words “commodity futures broker” wherever they appear in the following provisions, the words “commodity broker or”:| Sections 23(2) (3rd, 4th and 5th lines), 24(1) (3rd line), (1)(b) (4th line), (c), (d) and (e), 25(1)(a) and (b), 27(6) (penultimate line), 32(1) (1st line) and (5) and 63(2)(d); |
| | (o) | by deleting the words “futures broker’s customers” in the 12th line of section 23(1) and substituting the words “the customers of the commodity broker or commodity futures broker”; | | (p) | by inserting, immediately before the words “commodity futures broker” wherever they appear in the following provisions, the words “commodity broker,”:| Sections 18(2)(d), 23(1) (12th line), 36(1) (2nd line), 38(1) (8th line), 57(2) (1st line) and 63(4)(a)(i) (1st and 2nd lines) and (a) (iii) (1st line); |
| | (q) | by inserting, immediately before the words “a commodity futures broker” wherever they appear in the following provisions, the words “a commodity broker,”:| Sections 28(1)(b), (2) (3rd line) and (4) (4th and 5th lines), 41(1) (4th line) and (4) and 52(1) (2nd and 3rd lines); |
| | (r) | by inserting, immediately before the words “of a commodity futures broker” in the 3rd line of section 53, the words “of a commodity broker,”; | | (s) | by inserting, immediately before the words “commodity futures broker’s directors” wherever they appear in section 24(1)(a) and (b), the words “commodity broker’s or”; | | (t) | by inserting, immediately after the word “customer’s” in the 5th line of section 51(2)(b), the words “, commodity broker’s”; | | (u) | by inserting, immediately before the word “Exchange” wherever it appears in the following provisions, the word “market,”:| Sections 24(3) (5th line), 28(4) (7th line), 34(1) (penultimate line), 37(1) (3rd and 5th lines) and (2), 38(2) (6th line), 42(1) (6th and 14th lines), (1)(a) and (b) and 53(a) (4th line), (b) (4th line) and (c) (5th line); |
| | (v) | by inserting, immediately before the words “commodity futures trading adviser” wherever they appear in the following provisions, the words “commodity trading adviser,”:| Sections 18(2)(d) (2nd and 3rd lines), 27(1) and (2) (1st line), 57(2) (2nd line) and 63(4)(a)(i) (2nd and 3rd lines) and (a)(iii) (2nd line); |
| | (w) | by inserting, immediately after the word “adviser” in the 3rd line of section 18(2)(d), the words “, commodity pool operator”; | | (x) | by inserting, immediately before the words “commodity futures trading adviser” in section 32(3) (1st and 6th lines) and (4) (2nd line), the words “commodity trading adviser or”; | | (y) | by inserting, immediately before the words “a commodity futures trading adviser” wherever they appear in the following provisions, the words “a commodity trading adviser,”:| Sections 27(6) (5th and 6th lines), 28(1) (26th and 27th lines), (1)(b) (3rd and 4th lines), (1)(b)(ii) (4th and 5th lines), (2) (3rd and 4th lines) and (4) (5th line) and 52(1) (3rd line); |
| | (z) | by inserting, immediately before the words “commodity futures trading adviser’s” in the 4th and 5th lines of section 32(4), the words “commodity trading adviser’s or”; | | (za) | by inserting, immediately before the words “or a commodity futures trading adviser” in section 41(1), the words “, a commodity trading adviser”; | | (zb) | by inserting, immediately before the words “and a commodity futures trading adviser” in section 41(4), the words “, a commodity trading adviser”; | | (zc) | by inserting, immediately before the words “of a commodity futures trading adviser” in the 3rd and 4th lines of section 53, the words “of a commodity trading adviser,”; | | (zd) | by inserting, immediately before the words “and commodity futures pool operator” in section 27(1) (1st and 2nd lines) and (2) (1st and 2nd lines), the words “, commodity pool operator”; | | (ze) | by inserting, immediately before the words “commodity futures pool operator” in the 1st line of section 27(3), the words “commodity pool operator or”; | | (zf) | by inserting, immediately before the words “and a commodity futures pool operator” in the 6th and 7th lines of section 27(6), the words “, a commodity pool operator”; | | (zg) | by inserting, immediately before the words “or a commodity futures pool operator” wherever they appear in the following provisions, the words “, a commodity pool operator”:| Sections 28(1) (27th line), (1)(b) (4th and 5th lines), (1)(b)(ii) (penultimate and last lines), (2) (4th and 5th lines) and (4) (5th and 6th lines) and 52(1) (3rd and 4th lines); |
| | (zh) | by inserting, immediately before the words “or commodity futures pool operator” wherever they appear in the following provisions, the words “, commodity pool operator”:| Sections 36(1), 57(2) and 63(4)(a)(iii); |
| | (zi) | by inserting, immediately before the words “or commodity futures pool operator” in the 3rd and 4th lines of section 63(4)(a)(i), the words “commodity pool operator”; | | (zj) | by inserting, immediately before the words “a commodity futures pool operator” in section 41(1) and (4), the words “a commodity pool operator,”; | | (zk) | by inserting, immediately before the words “or of a commodity futures pool operator” in section 53, the words “, of a commodity pool operator”; | | (zl) | by inserting, immediately before the words “commodity futures pool operator” wherever they appear in the following provisions, the words “commodity pool operator or”:| Sections 31(1), (2) and (3) and 32(2) (1st line); |
| | (zm) | by deleting the words “futures pool operator” in the 3rd line of section 31(4) and substituting the words “commodity pool operator or commodity futures pool operator”; | | (zn) | by deleting the words “futures broker, futures trading adviser” in the 8th line of section 28(4) and substituting the words “broker, futures broker, trading adviser, futures trading adviser, pool operator”; | | (zo) | by deleting the words “futures contract” in the last line of section 32(4) and substituting the words “commodity contract or commodity futures contract”; | | (zp) | by deleting paragraph (a) of section 57(2) and substituting the following paragraph:| “(a) | take or use the title or description “commodity broker”, “commodity futures broker”, “spot commodity broker”, “commodity trading adviser”, “commodity futures trading adviser”, “commodity pool operator”, “commodity futures pool operator” or “spot commodity pool operator”; or”; |
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| | (zq) | by inserting, immediately before the words “commodity futures contracts” wherever they appear in the following provisions, the words “commodity contracts or”:| Sections 9(2)(a) (4th line), 20(2)(a) (2nd and 3rd lines), 34(1) (6th line), (1)(b) and (h) and (2) (5th and 6th lines, penultimate and last lines), 36(1)(a) and (c), 42(1) (5th line), 54(a) and 63(2)(d) and (4)(a)(ii); |
| | (zr) | by inserting, immediately before the words “commodity futures contract” wherever they appear in the following provisions, the words “commodity contract or”:| Sections 32(1) (1st and 2nd lines), 34(1) (5th line) and (2) (5th line), 35(1) (3rd, 7th and 8th lines), (5)(a) (1st and 2nd lines) and (5)(b) (2nd, penultimate and last lines), 62 and 63(2)(c); |
| | (zs) | by deleting the word “futures” wherever it appears in the following provisions:| Sections 4 (marginal note), 12 (marginal note), 27 (marginal note), 31 (marginal note), 32 (marginal note), 32(2) (5th line) and (3) (3rd and 4th lines), 35 (marginal note), (5)(a) (4th line) and (6) (4th line), 42(1)(b), 53(a) (penultimate and last lines), (b) (5th and 6th lines) and (c) (5th and 6th lines) and 62 (marginal note); |
| | (zt) | by deleting paragraph (a) of section 63(2) and substituting the following paragraph:| “(a) | the activities of, and standards to be maintained by, commodity brokers, commodity futures brokers, commodity trading advisers, commodity futures trading advisers, commodity pool operators and commodity futures pool operators including the manner, method and place of soliciting business by commodity brokers, commodity futures brokers, commodity trading advisers, commodity futures trading advisers, commodity pool operators and commodity futures pool operators and the conduct of such solicitation;”; |
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| | (zu) | by inserting, immediately before the words “commodity futures trading advisers” in section 63(2)(e), the words “commodity trading advisers,”; | | (zv) | by inserting, immediately before the words “and commodity futures pool operators” in section 63(2)(e), the words “, commodity pool operators”; | | (zw) | by deleting the marginal note to section 22 and substituting the following marginal note:| “Accounts to be kept by brokers”; |
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| | (zx) | by deleting the marginal note to section 36 and substituting the following marginal note: | | (zy) | by deleting the marginal note to section 54 and substituting the following marginal note: | | (zz) | by deleting the heading to Part II and substituting the following heading:| “COMMODITY MARKET, COMMODITY FUTURES EXCHANGE AND CLEARING HOUSE”; and |
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| | (zza) | by deleting the word “FUTURES” in the heading to Part V and substituting the word “TRADING”. |
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