Qualifying credit to bodies corporateU.K.
46. The financial promotion restriction does not apply to any communication which relates to a controlled activity falling within paragraph 10, 10A, [F110B, 10BA or 10BB] of Schedule 1 (or within paragraph 11 so far as it relates to that activity) if the communication is—
(a)made to or directed at bodies corporate only; or
(b)accompanied by an indication that the qualifying credit to which it relates is only available to bodies corporate.
Textual Amendments
F1Words in art. 46 substituted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 17(4)