Status: You are viewing the version of the handbook as on 2012-12-13.

insider

    33(as defined in section 118B of the Act) a person who has inside information:

      1. (a) as a result of his membership of the administrative, management or supervisory bodies of an issuer of qualifying investments;
      1. (b) as a result of his holding in the capital of an issuer of qualifying investments;
      1. (c) as a result of having access to the information through the exercise of his employment, profession or duties;
      1. (d) as a result of his criminal activities; or
      1. (e) which he has obtained by other means and which he knows, or could reasonably be expected to know, is inside information.