(1) Options to acquire or dispose of -
(a) a security or contractually based investment (other than one of a kind specified by this article);
(b) currency of the United Kingdom or any other country or territory;
(c) palladium, platinum, gold or silver;
(d) an option to acquire or dispose of an investment of the kind specified by this article by virtue of paragraph (a), (b) or (c);
(e) subject to paragraph (4), an option to acquire or dispose of an option to which paragraph 5, 6, 7 or 10 of Part 1 of Schedule 2 (read with Articles 5, 6, 7, and 8 of the Commission Regulation) applies
(2) Subject to paragraph (4), options -
(a) to which paragraph (1) does not apply;
(b) which relate to commodities;
(c) which may be settled physically; and
(d) either -
(i) to which paragraph 5 or 6 of Part 1 of Schedule 2 (read with Articles 5 and 6 of the Commission Regulation), applies, or
(ii) which in accordance with Article 7 of the Commission Regulation (the text of which is set out in Part 2 of Sche
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