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PART IIU.K. SPECIFIED ACTIVITIES

[F1Chapter XVCU.K.Regulated Sale and Rent Back Agreements

Textual Amendments

F1Pt. 2 Ch. 15C inserted (1.7.2009 for specified purposes, 30.6.2010 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2009 (S.I. 2009/1342), arts. 1(2), 17

ExclusionsU.K.

Arranging administration by authorised personU.K.

63K.  A person who is not an authorised person does not carry on an activity of the kind specified by article 63J(2) in relation to a regulated sale and rent back agreement where that person—

(a)arranges for another person, being an authorised person with permission to carry on an activity of that kind, to administer the agreement; or

(b)administers the agreement during a period of not more than one month beginning with the day on which any such arrangement comes to an end.]