Modifications etc. (not altering text)
C1Pt. 8 applied (with modifications) (18.6.2012) by (The Recognised Auction Platforms Regulations 2011 (S.I. 2011/2699), reg. 6, Sch. 1
For the purposes of this Part an insider is any person who has inside information—
(a)as a result of his membership of an administrative, management or supervisory body of an issuer of qualifying investments,
(b)as a result of his holding in the capital of an issuer of qualifying investments,
(c)as a result of having access to the information through the exercise of his employment, profession or duties,
(d)as a result of his criminal activities, or
(e)which he has obtained by other means and which he knows, or could reasonably be expected to know, is inside information.]
Textual Amendments
F1Ss. 118-118C substituted (1.7.2005) for s. 118 by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(2), 5, Sch. 2 para. 1