(1) Making arrangements for another person (whether as principal or agent) to buy, sell, subscribe for or underwrite a particular investment which is -
(c) an investment of the kind specified by article 86, or article 89 so far as relevant to that article, or
is a specified kind of activity.
(2) Making arrangements with a view to a person who participates in the arrangements buying, selling, subscribing for or underwriting investments falling within paragraph (1)(a), (b), (c) or (d) (whether as principal or agent) is also a specified kind of activity.
(3) Paragraphs (1) and (2) do not apply to a kind of activity to which article 25D, 25DA or 25DB applies.