(1) This article applies where -

(a) a person ("the applicant") has submitted to the Authority an application for Part 4A permission or a variation of a Part 4A permission, to the extent that the application relates to an activity of the kind specified by any of the following articles of the Regulated Activities Order (as amended by this Order) -

(i) article 25B (arranging regulated home reversion plans);

(ii) article 25C (arranging regulated home purchase plans);

(iii) article 53B (advising on regulated home reversion plans);

(iv) article 53C (advising on regulated home purchase plans);

(v) article 63B (entering into and administering regulated home reversion plans);

(vi) article 63F (entering into and administering regulated home purchase plans); or

(vii) article 64 (agreeing to carry on specified kinds of activity), so far as relevant to any of the above activities;

(b) the applicant had carried on such activity before 6th November 2006;