An arrangement does not constitute a
(a) if the rights or interests of each of the participants in the arrangement are time share rights; or
(i) the predominant purpose of the arrangement is to enable the participants to share in the use or enjoyment of property or to make its use or enjoyment available gratuitously to others; and
(ii) the property to which the arrangement relates does not consist of or include the currency of any country or territory or
Investments, as defined in GEN Rule A2.1 or, which would be such Investments if not for any applicable exclusion.
Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]