4. Exemption in bond dealings

Sections 197 and 198 of the Act shall not apply to dealings in bonds entered into by a corporation with —

an accredited investor; or (b)a person whose business involves the acquisition and disposal of or holding of specified products (whether as principal or as agent).

In this regulation, “bonds” includes —

notes, bonds and Treasury Bills; and

options in respect of any note, bond or Treasury Bill referred to in sub-paragraph (a).

Sections 197 and 198 of the Act shall not apply to dealings in bonds entered into by a corporation with —

an accredited investor; or (b)a person whose business involves the acquisition and disposal of or holding of specified products (whether as principal or as agent).

In this regulation, “bonds” includes —

notes, bonds and Treasury Bills; and

options in respect of any note, bond or Treasury Bill referred to in sub-paragraph (a).