PART II SPECIFIED ACTIVITIES

Chapter VIArranging Deals in Investments

The activities

F1Arranging regulated mortgage contracts25A

1

Making arrangements—

a

for another person to enter into a regulated mortgage contract as borrower; or

b

for another person to vary the terms of a regulated mortgage contract entered into by him as borrower after the coming into force of article 61, in such a way as to vary his obligations under that contract,

is a specified kind of activity.

2

Making arrangements with a view to a person who participates in the arrangements entering into a regulated mortgage contract as borrower is also a specified kind of activity.

3

In this article “borrower” has the meaning given by article 61(3)(a)(i).