§ 22A. —(1) Paragraph 12 above does not apply to any transaction by a person not falling within section 1(3)(a) of this Act ("an overseas person") with or through —
- (a) an authorised person whose ordinary business involves transactions of the kind in question;
- (b) an exempted person acting in the course of business in respect of which he is exempt.
§ (2) Paragraph 13 above does not apply if the arrangements are made by an overseas person with, or the offer or agreement to make them is made by him to or with, an authorised person or an exempted person and the arrangements are with a view to the authorised person or exempted person entering into a transaction which is within 556 the ordinary business of the authorised person or, as the case may he, a transaction in respect of which the exempted person is exempt.