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4. Exemption

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Amended

Last amended by an amending law of 2010. 2 amendments in all.

Any person who is —

(a)

a licensed financial adviser;

(b)

an exempt financial adviser; or

(c)

a representative of a licensed financial adviser or of an exempt financial adviser,shall be exempted from complying with —

(i)

section 25 of the Act, in relation to the provision of any financial advisory service relating to any structured deposit (other than a dual currency investment) which has been prescribed under section 25(6) (definition of “designated investment product”) of the Act as a designated investment product; and

(ii)

sections 26 to 29 and 36 of the Act, in relation to the provision of any financial advisory service relating to any structured deposit (other than a dual currency investment).

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