(1) This article applies to a person ("P") who is within the description in paragraph (1A) or the description in paragraph (1B).
(1A) A person is within the description in this paragraph if the person -
(a) is not an authorised person,
(b) carries on an activity of the kind specified by article 36A(1)(d) to (f) of the Regulated Activities Order (credit broking) ["the Regulated Activities Order" is defined by article 1(7) of S.I. 2013/1881 as meaning the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544). Articles 36B and 36F of S.I. 2001/544 inserted by S.I. 2013/1881; article 72G inserted by S.I. 2014/366.], and
(c) is not exempt from the general prohibition in relation to the carrying on of that activity by virtue of section 327(1) of the Act (exemption from the general prohibition for members of a designated professional body).
(1B) A person is within the description in this paragraph if the person would be carrying on an activity of the kind
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