Subsections 810 (4), (5) and (6) and 811 (4), (5), (6) and (7) of the Act do not have effect in relation to a person:

(a)

who is or may be a dealer or investment adviser only because of his or her doing anything that is incidental to another business; and

(b)

who has established a register under section 810 of the Act of more than 100 persons;

if that person complies with the requirements of each of those subsections within 12 business days after the beginning of the period mentioned in each respective subsection.