PART VINSIDER DEALING
Interpretation
56“Inside information”, etc
1
For the purposes of this section and section 57, “inside information” means information which—
a
relates to particular securities or to a particular issuer of securities or to particular issuers of securities and not to securities generally or to issuers of securities generally;
b
is specific or precise;
c
has not been made public; and
d
if it were made public would be likely to have a significant effect on the price of any securities.
2
For the purposes of this Part, securities are “price-affected securities” in relation to inside information, and inside information is “price-sensitive information” in relation to securities, if and only if the information would, if made public, be likely to have a significant effect on the price of the securities.
3
For the purposes of this section “price” includes value.