For the purpose of the Exchange Listing Rules, a depositary shall not be:

(a) an "associate" or "close associate";
(b) a "controlling shareholder";
(c) a "substantial shareholder"; or
(d) excluded from being treated as a member of the public under rule 8.24,

merely by reason of the fact that it is holding shares of an issuer as depositary for the benefit of depositary receipt holders.