Intellectual Property Rights from Publicly Financed Research and
R 385
insider
means an individual who has inside information--
| a) | through-- |
| i) | being a director, employee or shareholder of an issuer of securities or financial instruments to which the inside information relates; or |
| ii) | having access to such information by virtue of his or her employment, office or profession; or |
| b) | where such individual knows that the direct or indirect source of the information was a person contemplated in paragraph (a); |
