[ compiled answer ]
law as at 14 Aug 2026 · agreed_interpretation
Are the four Exchange of Notes conditions conjunctive or alternatives?
The compiled answer
Each is necessary — the Notes say a person is considered to habitually secure orders "only if" all four conditions hold (conditions 1–3 joined by semicolons, "and 4."). They are conjunctive requirements, not alternatives, presumptions or safe harbours.
Pinpoint
Exchange of Notes, 12 Sep 1989, on Article 5(4)(c)
String-verified quote
“only if: 1. such person frequently accepts orders”
source: attachment:IN-US.ART5 — verified at load; a quote that stops matching its source is a compile error
Computed by a deterministic engine over compiled law — no generative model in the evaluation path. JSON twin: /t/exchange_of_notes_conjunctive.json · Ask with YOUR facts: GET /compute?lookup=… · MCP: POST https://lrlabs.ai/mcp (lookup_compiled_rule)