Revised Laws of Saint Lucia (2021)

113.   Inside information

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    (1)   For the purposes of this Part—

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      (a)     “inside information” means information which—

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        (i)     relates to particular securities or to a particular issuer of securities and not to securities generally or to issuers of securities generally,

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        (ii)     is specific or precise,

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        (iii)     has not been made public, and

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        (iv)     if it were made public would be likely to have a significant effect on the price of any securities;

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      (b)     securities are “price-affected securities” in relation to inside information, if the information would, if made public, be likely to have a significant effect on the price of the securities.