Paragraph 24 Amendment of Schedule 6

in sub-paragraph (1) for “sub-paragraph (3)” substitute “sub-paragraphs (2A) and (3)”;

after sub-paragraph (2) insert—

“(2A)

If—

(a)

the regulated activity concerned is any of the investment services and activities, and

(b)

the person concerned is a body corporate with no registered office,

sub-paragraph (2B) applies in place of sub-paragraph (1).

(2B)

If the person concerned has its head office in the United Kingdom, it must carry on business in the United Kingdom.”.