Article 2 Credit-related regulated activities for the purpose of section 23 of the Financial Services and Markets Act 2000

The following kinds of regulated activities are designated for the purposes of section 23(1B) of the Financial Services and Markets Act 2000 (contravention of the general prohibition)^f1—

(a)

an activity of the kind specified by article 39F(1) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (debt-collecting)^f2,

(b)

an activity of the kind specified by article 60B of that Order (regulated credit agreements)^f3,

except in so far as the activity relates to an agreement under which the obligation of the borrower is secured on land.

Annotations

Footnotes

f1: Inserted by Schedule 9 to the Financial Services Act 2012.
f2: S.I. 2001/544. Article 39F inserted by S.I. 2013/1881.
f3: Inserted by S.I. 2013/1881.