Section 33Part 1 — Securities Investment Business Act
Information as an insider
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An individual has information as an insider if and only if —
it is, and that person knows it is, inside information, and
that person has it, and knows that that person has it, from an inside source, that is to say —
by virtue of being a director, employee or shareholder of an issuer of listed securities;
by virtue of having access to the information through that person’s employment, office or profession; or
by virtue of the directors indirect source of that pe rson’s information being a person who has it in either of the ways set out in (i) or (ii).