personal transaction

46a trade in a designated investment effected by or on behalf of a relevant person, where at least one of the following criteria are met:

1. (1) that relevant person is acting outside the scope of the activities he carried out in that capacity;
2. (2) the trade is carried out for the account of any of the following persons:
   1. (a) the relevant person;
   2. (b) the spouse or civil partner of the relevant person or any partner of that person considered by national law as equivalent to a spouse;
   3. (c) a dependent child or stepchild of the relevant person;
   4. (d) any other relative of the relevant person who has shared the same household as that person for at least one year on the date of the personal transaction concerned;
   5. (e) any person with whom he has close links;
   6. (f) a person whose relationship with the relevant person is such that the relevant person has a direct or indirect material interest in the outcome of the trade, other than a fee or commission for the execution of the trade.

[Note: article 16(2) of MiFID and article 28 of the MiFID Org Regulation157]