Article 9 Exclusion made in the course of administration by an authorised person
In article 29A (arrangements made in the course of administration by authorised person) -
(a) the existing text becomes paragraph (1);
(b) after paragraph (1) insert -
"(2) A person who is not an authorised person ("A") does not carry on an activity of the kind specified by article 25B(1)(b) as a result of -
(a) anything done by an authorised person ("B") in relation to a regulated home reversion plan which B is administering pursuant to an arrangement of the kind mentioned in article 63C(a); or
(b) anything A does in connection with the administration of a regulated home reversion plan in circumstances falling within article 63C(b).
(3) A person who is not an authorised person ("A") does not carry on an activity of the kind specified by article 25C(1)(b) as a result of -
(a) anything done by an authorised person ("B") in relation to a regulated home purchase plan which B is administering pursuant to an arrangement of the kind mentioned in article 63G(a); or
(b) anything A does in connection with the administration of a regulated home purchase plan in circumstances falling within article 63G(b).".