Part 3Reserved legal activities
Interpretation
19Exempt persons
In this Act, “exempt person”, in relation to an activity (“the relevant activity”) which is a reserved legal activity, means a person who, for the purposes of carrying on the relevant activity, is an exempt person by virtue of—
a
Schedule 3 (exempt persons), or
b
paragraph 13 or 18 of Schedule 5 (additional categories of exempt persons during transitional period).