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Criminal Justice Act 1993

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Point in time view as at 22/08/1994.

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There are currently no known outstanding effects for the Criminal Justice Act 1993, Section 57. Help about Changes to Legislation

57“Insiders”.U.K.

(1)For the purposes of this Part, a person has information as an insider if and only if—

(a)it is, and he knows that it is, inside information, and

(b)he has it, and knows that he has it, from an inside source.

(2)For the purposes of subsection (1), a person has information from an inside source if and only if—

(a)he has it through—

(i)being a director, employee or shareholder of an issuer of securities; or

(ii)having access to the information by virtue of his employment, office or profession; or

(b)the direct or indirect source of his information is a person within paragraph (a).

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