PART II SPECIFIED ACTIVITIES

Chapter VIArranging Deals in Investments

The activities

Arranging deals in investments25

1

Making arrangements for another person (whether as principal or agent) to buy, sell, subscribe for or underwrite a particular investment which is—

a

a security,

b

a F1relevant investment, or

c

an investment of the kind specified by article 86, or article 89 so far as relevant to that article,

is a specified kind of activity.

2

Making arrangements with a view to a person who participates in the arrangements buying, selling, subscribing for or underwriting investments falling within paragraph (1)(a), (b) or (c) (whether as principal or agent) is also a specified kind of activity.

F23

Paragraphs (1) and (2) do not apply to a kind of activity to which article 25D applies.