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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 October 2004 - onwards
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Article 15 Exclusion of advice given in the course of administration by authorised person

After article 54 of the Regulated Activities Order insert -

"Advice given in the course of administration by authorised person

54A. A person who is not an authorised person ("A") does not carry on an activity of the kind specified by article 53A by reason of -

(a) anything done by an authorised person ("B") in relation to a regulated mortgage contract which B is administering pursuant to arrangements of the kind mentioned in article 62(a); or

(b) anything A does in connection with the administration of a regulated mortgage contract in circumstances falling within article 62(b).".

Comparing proposed amendment...