(1) The prohibition in Rule 3.4.2(1) does not apply in relation to any dealing in
Securities where the Restricted Person has obtained prior clearance to deal as provided in (2) and (3).
(2) For the purposes of (1), prior written clearance to deal in the
Securities of a Reporting Entity must be obtained:
(a) from a
Director designated by the Board for the purposes of providing clearances to deal; and
(b) in the case of dealings by the
Director designated for the purpose of providing clearances to deal, from the full Board or another Director designated by the Board for the purposes of providing such clearance.
(3) For the purposes of (1) and (2), a
Director of the Reporting Entity must not be given written clearance to deal in any Securities of the Reporting Entity during any period when there exists any matter which constitutes Inside Information unless the Person responsible for granting clearance has no reason to believe that the proposed dealing is or may be in breach of the Law or the Rules.