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The Financial Services Act 1986 (Extension of Scope of Act) Order 1996
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Custody of investments
5. After sub-paragraph (4) of paragraph 19 of Schedule 1 to the Act (sale of goods and supply of services) there shall be inserted the following—
“(4A) Paragraph 13A above does not apply to a service which the supplier provides or offers or agrees to provide or to arrangements which the supplier makes or offers or agrees to make for the provision of a service where the assets to which the service relates or will relate are or are to be held for the purposes of or in connection with the sale or supply or a related sale or supply.”.
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