PART 2 AMENDMENTS TO THE REGULATED ACTIVITIES ORDER

Exclusion of arrangements where transaction is with or through an authorised person

8.  In article 29 of the Regulated Activities Order (arranging deals with or through authorised persons), in paragraph (1)—

(a) after “article 25(1) and (2)” insert “and article 25A(1) and (2)”; and

(b) in sub-paragraph (b), after “in his capacity as an investor” insert “or (as the case may be) a borrower under a regulated mortgage contract”.