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Paragraph 6 I1I2

United Kingdom

For the purposes of section 21(2) (restrictions on financial promotion), a person with an interim permission is not to be treated as an authorised person for the purposes of communicating or approving the content of a communication except where the communication invites or induces a person to enter into (or offer to enter into) an agreement the making or performance of which constitutes a controlled activity which corresponds to a regulated activity which is covered by his interim permission.

Annotations

Commencement

I1

Sch. para. 6 in force at 6.11.2006 for specified purposes, see art. 1(2)(a)

I2

Sch. para. 6 in force at 6.4.2007 in so far as not already in force, see art. 1(2)(b)