# The Mortgage Credit Directive Order 2015, Paragraph 7: The Financial Services and Markets Act 2000 (Appointed Representatives) Regulations 2001


(1) The Financial Services and Markets Act 2000 (Appointed Representatives) Regulations 2001 are amended as follows.
(2) In regulation 2(1) (descriptions of business for which appointed representatives are exempt), after sub-paragraph (cc) insert—
“(cca) an activity of the kind specified by article 53DA of that Order (advising on regulated credit agreements for the acquisition of land);”.
(3) In regulation 3(3) (requirements applying to contracts between authorised persons and appointed representatives)—
(a) after sub-paragraph (a)(ii) omit “or”;
(b) in sub-paragraph (b)(ii) for “with other counterparties.” substitute—
“with other counterparties; or
(c) gives advice (in circumstances constituting the carrying on of an activity of the kind specified by article 53DA of that Order) which consists of the provision of personal recommendations to a person in respect of one or more transactions with other counterparties.”.

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Source: https://www.legislation.gov.uk/ukdsi/2015/9780111130810/schedule/1/paragraph/7 (the official version)
Page: https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/schedule-1/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.