# The Insider Dealing (Securities and Regulated Markets) Order 2023, Article 3: Condition for the purposes of section 54(1)(b) of the 1993 Act


It is a condition for the purposes of section 54(1)(b) of the 1993 Act that a security which falls within any paragraph of Schedule 2 to that Act is also—
(a) a security admitted to trading on any market established under the rules of the investment exchange known as NASDAQ or for which a request for its admission to trading on NASDAQ has been made,
(b) a security admitted to trading on any market established under the rules of the investment exchange known as SIX Swiss Exchange or for which a request for its admission to trading on SIX Swiss Exchange has been made,
(c) a security admitted to trading on any market established under the rules of the investment exchange known as the New York Stock Exchange (NYSE) or for which a request for its admission to trading on NYSE has been made,
(d) a security admitted to trading on a UK, EU or Gibraltar regulated market or for which a request for its admission to trading on a UK, EU or Gibraltar regulated market has been made,
(e) a security traded on a UK, EU or Gibraltar multilateral trading facility, or admitted to trading on a UK, EU or Gibraltar multilateral trading facility, or for which a request for its admission to trading on a UK, EU or Gibraltar multilateral trading facility has been made,
(f) a security traded on a UK, EU or Gibraltar organised trading facility, or
(g) a security not falling within paragraphs (a) to (f) the price or value of which depends on, or has an effect on, the price or value of a security falling within those paragraphs.

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Source: https://www.legislation.gov.uk/ukdsi/2023/9780348247121/article/3 (the official version)
Page: https://openlegislation.uk/draft-insider-dealing-securities-and-regulated-markets-order-2023/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.