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SCHEDULES

Valid from 01/03/1994

SCHEDULE 1U.K. Special defences

Price stabilisationU.K.

5(1)An individual is not guilty of insider dealing by virtue of dealing in securities or encouraging another person to deal if he shows that he acted in conformity with the price stabilisation rules.

(2)In this paragraph “the price stabilisation rules” means rules which—

(a)are made under section 48 of the M1Financial Services Act 1986 (conduct of business rules); and

(b)make provision of a description mentioned in paragraph (i) of subsection (2) of that section (price stabilisation rules).

Marginal Citations