Section 736 | Exemptions: introduction

(1)Sections 737 to 742 deal with exemptions from liability under this Chapter.

(2)Some exemptions apply according to whether the relevant transactions are all pre-5 December 2005 transactions or all post-4 December 2005 transactions or include both (see sections 737, 739 and 740).

(2A)Repealed

(3)In this section and sections 737 to 742—

“post-4 December 2005 transaction” means a relevant transaction effected on or after 5 December 2005, and

“pre-5 December 2005 transaction” means a relevant transaction effected before 5 December 2005.