IN EXERCISE of the powers contained in sections 128 and 220 of the Securities Act 2016, the following Rules are hereby made:
In these rules, unless the context otherwise requires –
these Rules, unless the context “advertisement” means every form of advertising, whether in a publication, brochure, handout, or letter-head, or by the display of notices, or by means of circulars or other documents, or by an exhibition of photographs or cinematograph films or videos, or by way of sound broadcasting or
television, or by the distribution of recordings or in any other manner but shall not include dealers’
circulars to customers, nor any communications between licensees or between licensees and issuers
of securities;