50. Defence for Authorised Firms

Past version: effective up to 01/05/2010
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An Authorised Firm or a director, officer or employee of an Authorised Firm does not contravene Articles 42 or 43 by entering into an agreement to deal in Investments in or relating to a Reporting Entity that are permitted by an Authorised Market Institution to be traded in good faith if he enters into a transaction to deal in Investments on behalf of another person under a specific instruction to deal in the Investments.