There are excluded from paragraph 16(2) arrangements where —
(a) they are arrangements under which persons ("clients") will be introduced to another person;
(b) the person to whom introductions are to be made is —
(i) an Authorised Person;
(ii) an Exempt Person acting in the course of a business comprising a Regulated Activity in relation to which he is exempt; or
(iii) a person who is not unlawfully carrying on Regulated Activities in the Abu Dhabi Global Market and whose ordinary business involves him in engaging in an activity of the kind specified by any of paragraphs 4, 12, 16, 28, 43, 56, 59, 60, or 61 (or, so far as relevant to any of those paragraphs, paragraphs 64 or 70), or would do so apart from any exclusion from any of those paragraphs made by this Schedule;
(c) the introduction is made with a view to the provision of independent advice or the independent exercise of discretion in relation to investments generally or in relation to any class of investments to which the arrangements relate; and
(d) the arrangements are made with a view to a person entering into a transaction which does not relate to a Contract of Insurance.