Schedule 2 EXCLUDED ACTIVITIES

For the purposes of regulation 5(1) of these Regulations, the steps are—

(a)

the carrying out of, or participation in—

(i)

deposit-taking business within the meaning of the Banking Act 1987^f1;

(ii)

investment business within the meaning of the Financial Services Act 1986^f2;

(iii)

insurance business that is long term business or general business within the meaning of the Insurance Companies Act 1982^f3;

(iv)

insurance broking in relation to any matter in respect of which no relevant authority has an insurable interest;

(v)

estate agency work within the meaning of the Estate Agents Act 1979^f4;

(b)

the audit of, or report on, a company’s accounts pursuant to sections 236 and 237 of the Companies Act 1985^f5;

(c)

the preparation for reward of any document which effects or is instrumental in effecting the transfer of land in respect of which no relevant authority has an interest;

(d)

the giving for reward of any opinion in writing as to the value of any land in which no relevant authority has an interest;

(e)

the acquisition of an interest in any undertaking which publishes any matter by television, radio transmission or by means of any newspaper as defined in section 1 of the Newspaper Libel and Registration Act 1881^f6; and the publication of any newspaper as so defined;

(f)

the purchase of goods for resale or hiring;

(g)

the sale or hiring out of goods as the agent of another person;

(h)

the acquisition of services for supply to others;

(i)

he supply of services as the agent of another person;

(j)

the purchase of goods or the employment of persons for the purpose of the manufacture of goods.

Annotations

Footnotes

f1: 1987 c. 22.
f2: 1986 c. 60.
f3: 1982 c. 50.
f4: 1979 c. 38.
f5: 1985 c. 6.
f6: 1881 c. 60.