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The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2009
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Exclusion made in the course of administration by authorised person
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9. In article 29A (arrangements made in the course of administration by authorised person) after paragraph (3) insert—
“(4) A person who is not an authorised person (“A”) does not carry on an activity of the kind specified by article 25E(1)(b) as a result of—
(a)anything done by an authorised person (“B”) in relation to a regulated sale and rent back agreement which B is administering pursuant to an arrangement of the kind mentioned in article 63K(a); or
(b)anything A does in connection with the administration of a regulated sale and rent back agreement in circumstances falling within article 63K(b).”.
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