PART IIIExemptions: Interpretation and Application

Combination of different exemptions11

1

In respect of a communication relating to—

a

a controlled activity falling within paragraph 2 of Schedule 1 carried on in relation to a qualifying contract of insurance; or

b

a controlled activity falling within any of paragraphs 3 to F111 F111A of Schedule 1,

a person may rely on the application of one or more of the exemptions in Parts IV and VI.

2

In respect of a communication relating to—

a

an activity falling within paragraph 1 of Schedule 1; or

b

a relevant insurance activity,

a person may rely on one or more of the exemptions in Parts IV and V; and, where a communication relates to any such activity and also to an activity mentioned in paragraph (1)(a) or (b), a person may rely on one or more of the exemptions in Parts IV and V in respect of the former activity and on one or more of the exemptions in Parts V and VI in respect of the latter activity.