# The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2006, Article 13: Advising on regulated home reversion plans and regulated home purchase plans

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

After article 53A (advising on regulated mortgage contracts) insert—
“Advising on regulated home reversion plans
53B. Advising a person is a specified kind of activity if the advice—
(a) is given to the person in his capacity as—
(i) a reversion seller or potential reversion seller, or
(ii) a plan provider or potential plan provider; and
(b) is advice on the merits of his doing either of the following—
(i) entering into a particular regulated home reversion plan, or
(ii) varying the terms of a regulated home reversion plan, entered into on or after 6th April 2007 by him, in such a way as to vary his obligations under that plan.
Advising on regulated home purchase plans
53C. Advising a person is a specified kind of activity if the advice—
(a) is given to the person in his capacity as a home purchaser or potential home purchaser; and
(b) is advice on the merits of his doing either of the following—
(i) entering into a particular regulated home purchase plan, or
(ii) varying the terms of a regulated home purchase plan, entered into on or after 6th April 2007 by him, in such a way as to vary his obligations under that plan.”.

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Source: https://www.legislation.gov.uk/uksi/2006/2383/article/13 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-amendment-no2-order-2006/article-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.