Amendments made: 7, in clause 40, page 22, line 25, leave out

“included as terms of”

and insert

“given effect for the purposes of”.

This amendment means that terms as to payment are to be given effect for the purposes of the transaction, or of any substantially similar transaction, rather than having to be “included” as terms of the transaction.

Amendment 8, in clause 40, page 22, line 26, leave out “proposed”.

See the explanatory statement for Amendment 4.

Amendment 9, in clause 40, page 22, line 28, leave out “proposed”.

See the explanatory statement for Amendment 4.

Amendment 10, in clause 40, page 22, line 36, leave out subsections (6) to (10).—(Paul Scully.)

See the explanatory statement for NC1.

Clause 40, as amended, ordered to stand part of the Bill.