SCHEDULEAPPLICATION OF THE ACT TO PERSONS WITH AN INTERIM PERMISSION OR AN INTERIM APPROVAL

11.  For the purposes of articles 22 and 29 of the Regulated Activities Order, a person with an interim permission—

(a)is to be treated as an authorised person for the purpose of considering whether he is able to benefit from the exclusion; but

(b)is not to be treated as an authorised person for the other purposes of the articles.