13(1)Section 295 (notification: overseas investment exchanges and overseas clearing houses) is amended as follows.
(2)In subsection (1), for “the Authority” substitute “the appropriate regulator”.
(3)In subsection (2), for the words from “likely” to the end substitute “likely to affect the appropriate regulator's assessment of whether it is satisfied as to the requirements set out in section 292(3)”.
(4)In subsection (3), for “the Authority” substitute “the appropriate regulator”.
(5)Omit subsection (4).