Yn ddilys o 01/09/2002
62. A person who is not an authorised person does not carry on an activity of the kind specified by article 61(2) in relation to a regulated mortgage contract where he—
(a)arranges for another person, being an authorised person with permission to carry on an activity of that kind, to administer the contract; or
(b)administers the contract himself during a period of not more than one month beginning with the day on which any such arrangement comes to an end.
Yn ddilys o 01/09/2002
63. A person who is not an authorised person does not carry on an activity of the kind specified by article 61(2) in relation to a regulated mortgage contract where he administers the contract pursuant to an agreement with an authorised person who has permission to carry on an activity of that kind.
63A. Article 61 is subject to the exclusion in article 72A (information society services).]
Textual Amendments
F1Art. 63A inserted (21.8.2002) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2002 (S.I. 2002/1776), arts. 1, 3(16)