# The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, Article 47: Persons in the business of disseminating information

Extent: E+W+S+N.I.

(1) The financial promotion restriction does not apply to any communication which is made only to recipients whom the person making the communication believes on reasonable grounds to be persons to whom paragraph (2) applies.
(2) This paragraph applies to—
(a) a person who receives the communication in the course of a business which involves the dissemination through a publication of information concerning controlled activities or controlled claims management activities;
(b) a person whilst acting in the capacity of director, officer or employee of a person falling within sub-paragraph (a) being a person whose responsibilities when acting in that capacity involve him in the business referred to in that sub-paragraph;
(c) any person to whom the communication may otherwise lawfully be made.

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Source: https://www.legislation.gov.uk/uksi/2005/1529/article/47 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-financial-promotion-order-2005/article-47
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.