53 Defences
Criminal Justice Act 1993 (1993 c 36) | Legislation

53 Ìý¶Ù±ð´Ú±ð²Ô³¦±ð²õ

(1)     An individual is not guilty of insider dealing by virtue of dealing in securities if he shows—

(a)     that he did not at the time expect the dealing to result in a profit attributable to the fact that the information in question was price-sensitive information in relation to the securities, or

(b)     that at the time he believed on reasonable grounds that the information had been disclosed widely enough to ensure that none of those taking part in the

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