28. In the Financial Services and Markets Act 2000 (Exemption) Order 2001(1), Part 4 of the Schedule (persons exempt in respect of particular regulated activities) is amended as follows—
(a)in paragraph 47 (local authorities)—
(i)delete “or” at the end of sub-paragraph (c);
(ii)after sub-paragraph (d) insert—
“; or
article 25E, 53D or 63J of that Order (arranging, advising on, entering into or administering a regulated sale and rent back agreement)”;
(b)in paragraph 48 (social housing)—
(i)delete “or” at the end of sub-paragraph (c);
(ii)after sub-paragraph (d) insert—
“;
article 25E, 53D or 63J of that Order (arranging, advising on, entering into or administering a regulated sale and rent back agreement)”.
S.I. 2001/1201; paragraphs 47 and 48 of the Schedule were substituted by S.I. 2003/1675 and amended by S.I. 2006/2383.