PART IIU.K. SPECIFIED ACTIVITIES

Chapter XIIU.K.Advising on Investments

ExclusionsU.K.

Other exclusionsU.K.

55.[F1(1)] Article 53 is also subject to the exclusions in articles 66 (trustees etc.), 67, (profession or non-investment business), 68 (sale of goods and supply of services), 69 (groups and joint enterprises), 70 (sale of body corporate)[F2, 72 (overseas persons)][F3, 72A (information society services), 72B (activities carried on by a provider of relevant goods or services) and 72D (large risks contracts where risk situated outside the EEA)].

[F4(2) [F5Articles 53A, 53B [F6and 53C] [F6, 53C and 53D] are] also subject to the exclusions in articles 66 (trustees etc.), 67 (profession or non-investment business) and 72A (information society services).]