SCHEDULE 1
PART IControlled Activities
Arranging deals in investments
4.
(1)
Making arrangements for another person (whether as principal or agent) to buy, sell, subscribe for or underwrite a particular investment which is—
(a)
a security;
F1(aa)
a structured deposit;
(b)
a contractually based investment; or
(c)
an investment of the kind specified by paragraph 24, or paragraph 27 so far as relevant to that paragraph,
is a controlled activity.
(2)
Making arrangements with a view to a person who participates in the arrangements buying, selling, subscribing for or underwriting investments falling within sub-paragraph (1)(a), F2(aa), (b) or (c) (whether as principal or agent) is a controlled activity.
(3)
A person does not carry on an activity falling within paragraph (2) merely by providing means by which one party to a transaction (or potential transaction) is able to communicate with other such parties.