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  • 22. Defence of reasonable reliance on information given by another person

    (1) A person does not commit a contravention of Articles 20(1) if the person merely proves that he placed reasonable reliance on information given to him by:
    (a) if the person is not a natural person, someone other than a member of the governing body, employee or agent of the person; or
    (b) if the person is a natural person, someone other than an employee or agent of the natural person.
    (2) For the purposes of this Part, a person is not the agent of a person merely because he performs a particular professional or advisory function for the person.