Section 31: Approval of amendments to listing rules.

(1) Where an amendment is made to the rules or the listing requirements of a securities exchange, capital trade point or other self regulatory organisation, whether by way of recision, amendment, alteration, deletion, substitution or addition, the Board of the securities exchange, capital trade point or other self regulatory organisation shall forward a written notice of the amendment to the Commission for approval.
(2) The Commission shall notify the securities exchange, capital trade point or other self regulatory organisation as to whether or not the Commission approves the whole or any specified part of the amendment in question, and until such notification is received, the amendment shall be of no effect.
(3) Nothing in this section shall preclude the Commission, after consultation with the board of a securities exchange, capital trade point or other self regulatory organisation from amending the rules or the listing requirements of the securities exchange, capital trade point or other self regulatory organisation by a notice in writing specifying the amendment and the date the amendment shall come into effect.
(4) Any notice under this section may be served personally or by registered post.