PART IIU.K. SPECIFIED ACTIVITIES

Chapter VIU.K.Arranging Deals in Investments

ExclusionsU.K.

[F1Providing pensions guidance under Part 20A of the ActU.K.

35B.(1) A person does not carry on an activity of the kind specified in article 25(1) or (2) by reason of providing pensions guidance under arrangements made with the Treasury pursuant to section 333B of the Act.

(2) For the purposes of paragraph (1), pensions guidance given by a designated guidance provider is given under arrangements made with the Treasury.]