PART VIExempt Communications: Certain Controlled Activities

Qualifying credit to bodies corporate46.

The financial promotion restriction does not apply to any communication which relates to a controlled activity falling within paragraph 10, 10A or 10B of Schedule 1 (or within paragraph 11 so far as it relates to that activity) if the communication is—

(a)

made to or directed at bodies corporate only; or

(b)

accompanied by an indication that the qualifying credit to which it relates is only available to bodies corporate.