Paragraph 6 Meaning of dishonestyF1
For the purposes of paragraphs 3(3) and 5(2) a person's conduct is regarded as dishonest if (and only if)—
(a)
it is regarded as dishonest by persons who regularly trade on the securities market in question, and
(b)
the person was aware (or must be taken to have been aware) that it was so regarded.
Annotations
Textual amendments
- F1
Sch. 10A inserted (1.10.2010 with effect in accordance with reg. 3(1) of the amending S.I.) by The Financial Services and Markets Act 2000 (Liability of Issuers) Regulations 2010 (S.I. 2010/1192), reg. 2(3), Sch.