1.2
Definition of "independent director"
(viii)
In order to come within the ambit of "published or publicly quoted" as provided under paragraph 5.2(c) of Practice Note 13, must the prices be advertised to the public?
In order to satisfy the criterion of "published or publicly quoted" under paragraph 5.2(c) of Practice Note 13, the prices need not be advertised. So long as the pre-determined prices are or can be made readily available to the public or customers, this criterion is deemed satisfied.