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5.—(1) In article 18—
(a)in paragraph (1), at the beginning insert “Subject to paragraph (4),”;
(b)at the end, insert—
“(4) This article does not apply to an electronic commerce communication.”.
(2) After article 18, insert—
18A. The financial promotion restriction does not apply to an electronic commerce communication in circumstances where—
(a)the making of the communication constitutes the provision of an information society service of a kind falling within paragraph 1 of Article 12, 13 or 14 of the electronic commerce directive (“mere conduit”, “caching” and “hosting”); and
(b)the conditions mentioned in the paragraph in question, to the extent that they are applicable at the time of, or prior to, the making of the communication, are or have been met at that time.”.
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