The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 No. 544

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PART II U.K. SPECIFIED ACTIVITIES

Chapter VIII U.K. Safeguarding and Administering Investments

Exclusions U.K.

Activities not constituting administration U.K.

43.  The following activities do not constitute the administration of assets for the purposes of article 40—

(a) providing information as to the number of units or the value of any assets safeguarded;

(b) converting currency;

(c) receiving documents relating to an investment solely for the purpose of onward transmission to, from or at the direction of the person to whom the investment belongs.