C1PART 3Amendments to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

Annotations:
Modifications etc. (not altering text)

C1Article 60HA (exempt agreements: exemptions not permitted under the mortgages directive)I1C1142

1

Article 60HA M1 (exempt agreements: exemptions not permitted under the mortgages directive) is amended as follows.

2

In the heading, for “exemptions not permitted under the mortgages directive” substitute “ provision qualifying articles 60E, 60F and 60H ”.

3

In paragraph (1) M2, for the words after “article 60E(2) or (5)” substitute “ or 60F(4) if it is a mortgage agreement to which paragraph (2) does not apply ”.

4

In paragraph (2)—

a

after “This paragraph applies” insert “ to an agreement ”;

b

omit paragraph (a);

c

in paragraph (b), for “of Article 4(23) of the mortgages directive” substitute “ given by article 60G(9) ”.