26(1)The following are excluded activities—
(a)dealing in land, in commodities or futures or in shares, securities or other financial instruments;
(b)dealing in goods otherwise than in the course of an ordinary trade of wholesale or retail distribution;
(c)banking, insurance, money-lending, debt-factoring, hire-purchase financing or other financial activities;
(d)leasing (including letting ships on charter or other assets on hire) or receiving royalties or other licence fees;
(e)providing legal or accountancy services;
(f)property development;
(g)farming or market gardening;
(h)holding, managing or occupying woodlands, any other forestry activities or timber production;
(i)operating or managing hotels or comparable establishments or managing property used as a hotel or comparable establishment; and
(j)operating or managing nursing homes or residential care homes, or managing property used as a nursing home or residential care home.
(2)Sub-paragraph (1) is supplemented by the following provisions—
paragraph 27 (wholesale and retail distribution);
paragraph 28 (leasing of ships);
paragraph 29 (receipt of royalties and licence fees);
paragraph 30 (property development);
paragraph 31 (hotels and comparable establishments);
paragraph 32 (nursing homes and residential care homes); and
paragraph 33 (provision of facilities for another business).