Trading window restrictions expanded to cover designated persons and mandate pre-clearance for specified exempt transactions. The amendments broaden coverage by substituting 'person' for 'employee' in regulation 9A(2)(a), replace 'can' with 'shall' in Schedule B clause 4 to make trading-window restrictions mandatory, and add an exemption clause listing transactions not subject to trading-window restrictions-including specified regulatory transactions and bona fide pledges subject to pre-clearance. Schedule B clause 14 and Schedule C clause 12 are revised to limit gift references to gifts from designated persons and to substitute references to the annual income of such designated persons; Schedule C also corrects typographical terms.
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Provisions expressly mentioned in the judgment/order text.
Trading window restrictions expanded to cover designated persons and mandate pre-clearance for specified exempt transactions.
The amendments broaden coverage by substituting "person" for "employee" in regulation 9A(2)(a), replace "can" with "shall" in Schedule B clause 4 to make trading-window restrictions mandatory, and add an exemption clause listing transactions not subject to trading-window restrictions-including specified regulatory transactions and bona fide pledges subject to pre-clearance. Schedule B clause 14 and Schedule C clause 12 are revised to limit gift references to gifts from designated persons and to substitute references to the annual income of such designated persons; Schedule C also corrects typographical terms.
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