5(1)An individual is not guilty of insider dealing by virtue of dealing in securities or encouraging another person to deal if he shows that he acted in conformity with the price stabilisation rules [F1or with the relevant provisions of Commission Regulation (EC) No 2273/2003 of 22 December 2003 implementing Directive 2003/6/EC of the European Parliament and of the Council as regards exemptions for buy-back programmes and stabilisation of financial instruments] .U.K.
[F2(2)“Price stabilisation rules” means rules made under section 144(1) of the Financial Services and Markets Act 2000.]
Textual Amendments
F1Words in Sch. 1 para. 5(1) inserted (17.3.2005) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(3)(a), 3
F2Sch. 1 para. 5(2) substituted (1.12.2001) by S.I. 2001/3649, arts. 1, 341(3)