This legislation has been repealed.
(2) An approval under subsection (1) shall be in writing.
(3) A reference in this section to dealing with securities includes a reference to—
(a) creating, executing, entering into, drawing, making, accepting, indorsing, issuing, discounting, selling, purchasing or reselling securities;
(b) creating, selling, purchasing or reselling rights or options in respect of securities; and
(c) entering into agreements or other arrangements relating to securities.