PART II SPECIFIED ACTIVITIES
Chapter VIIISafeguarding and Administering Investments
Exclusions
Activities not constituting administration43
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.