C1PART 5Amendments to other secondary legislation
C1The Financial Services and Markets Act 2000 (Exemption) Order 2001I1C1177
1
The Financial Services and Markets Act 2000 (Exemption) Order 2001 M1 is amended as follows.
2
In Part 1 of the Schedule M2 (persons exempt in respect of any regulated activity other than insurance business) omit paragraphs 2 to 6.
3
In Part 4 of the Schedule (persons exempt in respect of particular regulated activities), in paragraph 48 (social housing)—
a
in sub-paragraph (1A)(b)(i), for “the mortgages directive does not apply by virtue of Article 3(2) of that directive” substitute “
section 423A(3) of the Act applies
”
;
b
in sub-paragraph (4), in the definition of “bridging loan”, for “Article 4(23) of the mortgages directive” substitute “
article 60G(9) of the Regulated Activities Order
”
.
Pts. 3-6 modified in part (31.12.2020) by The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/680), regs. 1(2), 11(1)(4)(5) (with reg. 11(8)-(10)) (as amended by S.I. 2020/1301, regs. 1, 3, Sch. para. 40(f)); 2020 c. 1, Sch. 5 para. 1(1)