Hong Kong Regulations

SECURITIES AND FUTURES (LEVERAGED FOREIGN EXCHANGE TRADING-EXEMPTION) RULES - SECT 6

Person referred to in section 3(c)

The person referred to in section 3(c) is a corporation which is the issuer of
any listed currency warrant or a corporation in the same group of companies as
the issuer of any listed currency warrant in so far as the corporation
performs an act for or in connection with a contract or arrangement or a
proposed contract or arrangement for the sale, purchase or transfer of the
listed currency warrant-

   (a)  between a corporation (whether or not it is the corporation first
        referred to in this section) which is the issuer of the listed 
        currency warrant or a corporation in the same group of companies as
        the issuer of the listed currency warrant, and a licensed corporation;

   (b)  between a corporation (whether or not it is the corporation first
        referred to in this section) which is the issuer of the listed 
        currency warrant and a corporation in the same group of companies as
        the issuer of the listed currency warrant; or

   (c)  between corporations which are both in the same group of companies as
        the issuer of the listed currency warrant but are not themselves the
        issuer.