Article 4 The Money Laundering Regulations 2007I1

In regulation 4 of the Money Laundering Regulations 2007^f1 (exclusions), after paragraph (1)(c) insert—

“(ca)

a local authority within the meaning given in article 3 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001^f2, when carrying on an activity which would be a regulated activity for the purposes of the Financial Services and Markets Act 2000 but for article 72G of that Order;”.