Chapter-9 Offences Relating to Insider Trading in Securities and Transactions of Securities and Punishment

Section 93: Information or notice deemed to have been made public

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On any of the following conditions, any information or notice shall be deemed to have been made public:

(a) If any matter has been published with the intent to inform the investors and their business advisers in accordance with the By-laws of a stock exchange,

(b) If there is a provision made under the law that the general public can see information or notice contained in any records,

(c) If there is a provision that any person desiring to deal in securities is escorted to the business room of a stock exchange so that such a person can know such information or notice,

(d) If there is a provision that any person desiring to obtain or see such information or notice or get a copy thereof can obtain and see the same,

(e) If it has been communicated to any specific class, out of the general public,

(f) If there is a provision that information can be obtained only upon payment of fees or if such information or a notice has been published outside Nepal.

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