Reliance on exclusions and exemptions in Act
22.  Any undertaking claiming the benefit of any —
(a)exclusion from the section 34 prohibition or the section 47 prohibition specified in the Third Schedule to the Act; or
(b)exemption from the section 34 prohibition under a block exemption order made pursuant to section 36 of the Act,
shall bear the burden of proving that the conditions relating thereto have been satisfied.