(1) Subject to subsection (2), a person convicted of an offence under section 111 or this section shall not deal within the period of 12 months from the date of the conviction.
(2) Where a person convicted of an offence under subsection (1) has, before the date of his conviction, initiated a transaction under which some element of performance remains to be rendered, subsection (1) shall not prohibit him from completing the transaction where a relevant authority of a recognised stock exchange has indicated in writing, to the parties to the transaction, its satisfaction that -
(a) the transaction was initiated but not completed before the date of the conviction, and
(b) if the transaction were not concluded, the rights of an innocent third party would be prejudiced, and
(c) the transaction would not be unlawful under any other provision of this Part.
(3) A person who contravenes this section shall be guilty of an offence.