SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G/A
                                  Rule 13d-102

                   Under the Securities Exchange Act of 1934
                               (Amendment No. 1)*

                              LaserSight Incorporated
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Shares
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   517924106
- --------------------------------------------------------------------------------
                                 (CUSIP Number)

                                 March 24, 1999
- --------------------------------------------------------------------------------
            (Date of Event which Requires Filing of this Statement)

      Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
                               |_| Rule 13d-1 (b)
                               |X| Rule 13d-1 (c)
                               |_| Rule 13d-1 (d)

- ----------
*     The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.

      The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).


CUSIP No. 517924106                   13G/A                    Page 2 of 4 Pages
- --------------------------------------------------------------------------------
(1) Names and I.R.S. Identification Nos.(entities only) of reporting persons.

       TLC The Laser Center Inc.
    
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see instructions)   (a)|_|
                                                                          (b)|X|
- --------------------------------------------------------------------------------
(3) SEC use only.

- --------------------------------------------------------------------------------
(4) Citizenship or place of organization.

       Ontario, Canada
- --------------------------------------------------------------------------------
Number of shares beneficially owned by each reporting person with:

    (5) Sole voting power:
        2,764,800

    (6) Shared voting power:
        N/A

    (7) Sole dispositive power:
        2,814,800

    (8) Shared dispositive power:
        N/A

- --------------------------------------------------------------------------------
(9) Aggregate amount beneficially owned by each reporting person.

       2,814,800
- --------------------------------------------------------------------------------
(10) Check if the aggregate amount in Row (9) excludes certain shares       |X|
     (see instructions).
- --------------------------------------------------------------------------------
(11) Percent of class represented by amount in Row 9.

       16.1%
- --------------------------------------------------------------------------------
(12) Type of reporting person (see instructions).

       CO
- --------------------------------------------------------------------------------


CUSIP No. 517924106                   13G/A                    Page 3 of 4 Pages

Item 1.     (a)   Name of Issuer:
                  LaserSight Incorporated

            (b)   Address of Issuer's Principal Executive Offices:
                  12249 Science Drive, Suite 160
                  Orlando, Florida 32836

Item 2.     (a)   Name of Person Filing:
                  TLC The Laser Center Inc.

            (b)   Address of Principal Business Office, or if None, Residence:

                  5600 Explorer Drive, Suite 301
                  Mississauga, Ontario L4W 4Y2
                  Canada

            (c)   Citizenship:
                  Ontario, Canada

            (d)   Title of Class of Securities: 
                  Common Stock, par value $.001 per share

            (e)   CUSIP Number:
                  517924106

Item 3.     If this statement is filed pursuant to Rules 13d-1(b), or
            13d-2(b) or (c), check whether the person filing is a:

            Not Applicable

Item 4.     Ownership.

            (a)   The filing person beneficially owns 2,814,800 shares of the
                  Common Stock, composed of (i) 764,800 shares of Common Stock
                  owned directly, (ii) 50,000 shares issuable upon the exercise
                  of warrants and (iii) 2,000,000 shares of Common Stock
                  issuable on a one-for-one basis (subject to customary
                  antidilution adjustment) upon the conversion of 2,000,000
                  shares of the issuer's Series C Convertible Participating
                  Preferred Stock ("Preferred Stock"). The Preferred Stock votes
                  together with the Common Stock (except as required by law) and
                  is entitled to the number of votes equal to the number of
                  shares of Common Stock issuable if the Preferred Stock had
                  been converted on the record date for such vote.

            (b)   The shares beneficially owned constitute 16.1 percent of the
                  Common Stock.

            (c)   The filing person has sole power to vote or to direct the vote
                  of the 2,764,800 shares and sole power to dispose or to direct
                  the disposition of the 2,814,800 shares. The filing person has
                  a right of "first offer" with respect to certain shares
                  offerings which may be made by the issuer in the future. The
                  filing person disclaims any beneficial interest in any shares
                  potentially subject to such right of first offer.

Item 5.     Ownership of Five Percent or Less of a Class.

            Not Applicable

Item 6.     Ownership of More Than Five Percent on Behalf of Another Person.

            Not Applicable

Item 7.     Identification and Classification of the Subsidiary Which Acquired
            the Security Being Reported on by the Parent Holding Company.

            Not Applicable

Item 8.     Identification and Classification of Members of the Group.

            Not Applicable


CUSIP No. 517924106                   13G/A                    Page 4 of 4 Pages

Item 9.     Notice of Dissolution of Group.

            Not Applicable

Item 10.    Certifications.

            By signing below I certify that, to the best of my knowledge and
            belief, the securities referred to above were not acquired and are
            not held for the purpose of or with the effect of changing or
            influencing the control of the issuer of the securities and were not
            acquired and are not held in connection with or as a participant in
            any transaction having that purpose or effect.

                                    SIGNATURE

            After reasonable inquiry and to the best of my knowledge and belief,
            I certify that the information set forth in this statement is true,
            complete and correct.

            Date: March 31, 1999

                                          TLC THE LASER CENTER INC.

                                          By: /s/ Elizabeth A. Karmin
                                              -----------------------
                                          Deputy General Counsel