If you trade in financial products because a law or rule says you must, then section 241 does not apply to you. This means you can do the trading without worrying about that section of the law. You can find more information about this in section 241.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4091328.
244: Criminal liability for insider conduct, or
"Breaking insider trading rules can lead to prison or big fines if you use secret information unfairly."
246: Exception for disclosure required by enactment or rule of law or by FMA, or
"You can share secret information if a law or the FMA says you must."
Section 241 does not apply to trading in financial products that is required by an enactment or any rule of law.
