PART II SPECIFIED ACTIVITIES

F1Chapter 6ACredit Broking

Annotations:
Amendments (Textual)
F1

Pt. II Ch. 6A, 6B inserted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), art. 1(2)(6), 4

Exclusions

Activities in relation to certain agreements relating to land36E

1

There are excluded from article 36A activities carried on with a view to an individual or relevant recipient of credit entering into a regulated mortgage contract if the person carrying on the activity is an authorised person who has permission to—

a

enter into such a contract as lender, or

b

make an introduction to an authorised person who has permission to enter into such a contract as lender.

2

There are excluded from article 36A activities carried on with a view to an individual or relevant recipient of credit entering into a regulated home purchase plan if the person carrying on the activity is an authorised person who has permission to—

a

enter into such a plan as home purchase provider, or

b

make arrangements for another person (“the client”) to enter into such a plan by introducing the client to an authorised person who has permission to enter into such a plan as home purchase provider.