SCHEDULES
F1SCHEDULE 3AREGULATED SECTOR AND SUPERVISORY AUTHORITIES
F2PART 1REGULATED SECTOR
Sch. 3A Pt. 1 substituted (1.3.2004 with effect in accordance with art. 1 of the amending S.I.) by The Terrorism Act 2000 (Business in the Regulated Sector and Supervisory Authorities) Order 2003 (S.I. 2003/3076), arts. 1, 2, Sch.
Business in the regulated sector
3
A business is not in the regulated sector to the extent that it engages in any of the following activities—
a
the issue of withdrawable share capital within the limit set by section 6 of the Industrial and Provident Societies Act 1965 (c. 12) by a society registered under that Act;
b
the acceptance of deposits from the public within the limit set by section 7(3) of that Act by such a society;
c
the issue of withdrawable share capital within the limit set by section 6 of the Industrial and Provident Societies Act (Northern Ireland) 1969 (N.I. c. 24) by a society registered under that Act;
d
the acceptance of deposits from the public within the limit set by section 7(3) of that Act by such a society;
e
activities carried on by the Bank of England;
f
any activity in respect of which an exemption order under section 38 of the Financial Services and Markets Act 2000 (c. 8) has effect if it is carried on by a person who is for the time being specified in the order or falls within a class of persons so specified .
Sch. 3A inserted (20.12.2001) by 2001 c. 24, s. 3, Sch. 2 Pt. 3 para. 6; S.I. 2001/4019, art. 2(1)(c)