91. Instruments giving entitlements to investments

(1) Warrants and other instruments entitling the holder to subscribe for any investment of the kind specified by paragraph 87, 88, 89 or 90.
(2) It is immaterial whether the investment to which the entitlement relates is in existence or identifiable.
(3) An investment of the kind specified by this paragraph is not to be regarded as falling within paragraph 94, 95 or 96.