Act is taken to apply to a dealing in a share ratio contract, being a dealing of a kind mentioned in either of those paragraphs, as if a reference to a futures brokers licence in subparagraph 8.3.02 (2) (a) (ii), (d) (iv), (e) (iii) or (f) (ii) of these Regulations were a reference to a dealers licence.
Note The terms dealers licence and futures brokers licence are defined in section 9 of the Act.