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  1. Point in time
    2005-06-01

oil market activity

  1. (a) any regulated activity in relation to an oil investment or to oil which:
    1. (i) is the executing of own account transactions on any recognised investment exchange or designated investment exchange; or
    2. (ii) if it is not the executing of transactions on such exchanges, is performed in connection with or for persons who are not individuals; and
  2. (b) establishing, operating or winding up a collective investment scheme which is an oil collective investment scheme in which individuals do not participate.4211