The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

[F1ExclusionsU.K.

Textual Amendments

Activities where person has a connection to the agreementU.K.

39H.—(1) There are excluded from articles 39D(1), 39E(1) and 39F(1) activities carried on by a person who is—

(a)the lender under the agreement,

(b)the supplier in relation to that agreement,

(c)a person carrying on an activity of the kind specified by article 36A by way of business and who has acquired the business of the person who was the supplier in relation to the agreement, or

(d)a person who would be carrying on an activity of the kind specified by article 36A by way of business but for the exclusion in article 36B where the agreement was made in consequence of an introduction (by that person or another person) to which article 36B applies.

(2) There are excluded from articles 39D(2), 39E(2) and 39F(2) activities carried on by a person who is—

(a)the owner under the consumer hire agreement, or

(b)a person who would be carrying on an activity of the kind specified by article 36A by way of business but for the exclusion in article 36B where the agreement was made in consequence of an introduction (by that person or another person) to which article 36B applies.

(3) There is excluded from article 39G(1) steps taken under or in relation to an agreement [F2on behalf of] [F2by] a person who is, in relation to that agreement, a person falling within paragraph (1)(a) to (d).

(4) There is excluded from article 39G(2) steps taken under or in relation to a consumer hire agreement [F3on behalf of] [F3by] a person who is, in relation to that agreement, a person falling within paragraph (2)(a) or (b).

(5) In paragraph (1), “supplier”, in relation to an agreement, means—

(a)a person, other than the lender, whose transaction with the borrower is, or is to be, financed by the agreement, or

(b)a person to whom the rights and duties of a person falling within sub-paragraph (a) have been passed by assignment or operation of law.

Textual Amendments

Activities carried on by certain energy suppliersU.K.

39I.—(1) There are excluded from articles 39D, 39E, 39F and 39G activities carried on by a relevant energy supplier acting in that capacity in relation to debts due under a green deal plan associated with the supplier.

(2) A green deal plan is associated with a supplier if the payments under the plan are to be made to the supplier.

(3) In this article—

(a)“green deal plan” has the meaning given by section 1 of the Energy Act 2011;

(b)“relevant energy supplier” has the meaning given in regulations made for the purpose of section 2(9) of that Act.

Activities carried on in relation to a relevant agreement in relation to landU.K.

39J.  There [F4are] [F4is] excluded from articles 39D, 39E, 39F and 39G [F5activities that relate] [F5any activity that relates] to a regulated mortgage contract or a regulated home purchase plan [F6to the extent that the activity constitutes an activity of the kind specified by a provision of Part 2 of this Order other than articles 39D, 39E, 39F and 39G, where entering into that contract as lender constitutes an activity of the kind specified by article 61 or entering into that plan as home purchase provider constitutes an activity of the kind under article 63F].

Textual Amendments

Activities carried on by members of the legal profession etc.U.K.

39K.—(1) There are excluded from articles 39D, 39E, 39F and 39G activities carried on by—

(a)a barrister or advocate acting in that capacity;

(b)a solicitor (within the meaning of the Solicitors Act 1974) acting in the course of contentious business (as defined in section 87(1) of that Act);

(c)a solicitor within the meaning of the Solicitors (Scotland) Act 1980 engaging in business done in or for the purposes of proceedings before a court or before an arbitrator;

(d)a solicitor in Northern Ireland engaging in contentious business as defined in Article 3(2) of the Solicitors (Northern Ireland) Order 1976;

(e)a relevant person (other than a person falling within sub-paragraph (a) to (d)) acting in the course of contentious business.

(2) In sub-paragraph (e) of paragraph (1)—

“contentious business” means business done in or for the purposes of proceedings begun before a court or before an arbitrator, not being non-contentious or common form probate business (within the meaning of section 128 of the Senior Courts Act 1981);

“relevant person” means a person who, for the purposes of the Legal Services Act 2007, is an authorised person in relation to an activity which constitutes the exercise of a right of audience or the conduct of litigation (within the meaning of that Act).

[F7Information society services][F7Other exclusions]U.K.

39L.  Articles 39D, 39E, 39F and 39G are also subject to the [F8exclusion] [F8exclusions] in article 72A (information society services) [F9, article 72G (local authorities) and article 72H (insolvency practitioners)].]

Textual Amendments