# The Local Government (Promotion of Economic Development) Regulations 1990, 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;
(ii) investment business within the meaning of the Financial Services Act 1986;
(iii) insurance business that is long term business or general business within the meaning of the Insurance Companies Act 1982;
(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;
(b) the audit of, or report on, a company’s accounts pursuant to sections 236 and 237 of the Companies Act 1985;
(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; 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.

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Source: https://www.legislation.gov.uk/uksi/1990/763/schedule/2 (the official version)
Page: https://openlegislation.uk/local-government-promotion-of-economic-development-regulations-1990/schedule-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.