Section 155

an acquisition or disposal of securities or the communication of information that is carried out under any other written law relating to schemes of arrangement, reconstructions and take-overs relating to corporations;

a clearing house which acquires or disposes of securities for the purpose of settlement of a market contract or in relation to any proceedings or other action relating to the settlement of a market contract where the acquisition or disposal of securities is effected in accordance with the rules of the clearing house;

a stock exchange in relation to a sale or purchase of securities where the stock exchange acts on an instruction from a clearing house;

the redemption of units of a collective investment scheme by a trustee or manager under a trust deed relating to that collective investment scheme in accordance with a buy-back covenant contained or deemed to be contained in the trust deed at a price that is required by the trust deed to be calculated, so far as is reasonably practicable, by reference to the underlying value of the assets less—

any liabilities of that collective investment scheme to which the units relates; and

subscribing for, or purchasing, securities under an underwriting agreement or a sub-underwriting agreement and includes entering in to such an agreement or selling securities subscribed for, or purchased, under such an agreement;

Labuan Financial Services and Securities 151

the sale or purchase of securities pursuant to a requirement imposed by the Government, a statutory body or any regulatory authority, or any requirement imposed under any written law or order of court; and

communication of information pursuant to a requirement imposed by the Government, a statutory body or any regulatory body or any requirement imposed under any written law or order of court.