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The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

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The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, Section 67 is up to date with all changes known to be in force on or before 25 December 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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Activities carried on in the course of a profession or non-investment businessU.K.

67.—(1) There is excluded from articles 21, 25(1) and (2)[F1, 25A], [F225B, 25C,] [F325E,] [F439A, 40] [F553][F6, 53A, 53B [F7and 53C] [F7, 53C and 53D]] any activity which—

(a)is carried on in the course of carrying on any profession or business which does not otherwise consist of [F8the carrying on of regulated activities in the United Kingdom]; and

(b)may reasonably be regarded as a necessary part of other services provided in the course of that profession or business.

(2) But the exclusion in paragraph (1) does not apply if the activity in question is remunerated separately from the other services.

[F9(3) This article is subject to article 4(4) and (4A).]

Textual Amendments

F2Words in art. 67(1) inserted (6.11.2006 for specified purposes, 6.4.2007 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2006 (S.I. 2006/2383), arts. 1(2), 20(a)

F4Words in art. 67 substituted (31.10.2004 for specified purposes, 14.1.2005 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2003 (S.I. 2003/1476), arts. 1(3), 10(2)

F6Words in art. 67(1) substituted (6.11.2006 for specified purposes, 6.4.2007 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2006 (S.I. 2006/2383), arts. 1(2), 20(b)

F9Art. 67(3) inserted (1.4.2007 for specified purposes, 1.11.2007 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment No. 3) Order 2006 (S.I. 2006/3384), arts. 1(2), 20

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