3. Exemption

Sections 197 and 198 of the Act shall not apply to any stabilising action taken in respect of any of the Series A Bonds within 30 days from the date of issue of the Series A Bonds, or in respect of any of the Series B Bonds within 30 days from the date of issue of the Series B Bonds, with —

a person referred to in section 274 of the Act; or

a sophisticated investor as defined in section 275(2) of the Act.