Article 3 Specified kinds of activity

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

art. 3(ca) inserted by Financial Services and Markets Act 2000 (Misleading Statements and Practices) 2003 art. 2(3)
art. 3(d) words substituted by Financial Services and Markets Act 2000 (Regulated Activities) 2003 art. 17(3)(a)
art. 3(e) inserted by Financial Services and Markets Act 2000 (Regulated Activities) 2003 art. 17(3)(b)

The following kinds of activity are specified for the purposes of section 397(9)(a) of the Act—

(a)

a controlled activity;

(b)

an activity which falls within paragraph 9 (providing funeral plan contracts) of Schedule 1 to the Financial Promotion Order, or agreeing to carry on such an activity;

(c)

an activity which falls within paragraph 10 (providing qualifying credit) of that Schedule, or agreeing to carry on such an activity;

(d)

an activity of the kind specified by article 45 (sending dematerialised instructions), 51 (establishing etc. a collective investment scheme), 52 (establishing etc. a stakeholder pension scheme) or 57 (managing the underwriting capacity of a Lloyd’s syndicate) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001^f1.

Annotations

Footnotes

f1: S.I. 2001/544, amended by S.I. 2001/3544.