Article 7 Exclusion where the arranger is a party to the contractI1

After article 28 of the Regulated Activities Order insert—

“Arranging contracts to which the arranger is a party

28A.

(1)

There are excluded from article 25A(1) any arrangements—

(a)

for a contract into which the person making the arrangements enters or is to enter; or

(b)

for a variation of a contract to which that person is (or is to become) a party.

(2)

There are excluded from article 25A(2) any arrangements which a person makes with a view to contracts into which he enters or is to enter.”.