After article 53C (advising on regulated home purchase plans) insert -

"53D. Advising on regulated sale and rent back agreements

Advising a person is a specified kind of activity if the advice -

(a) is given to the person ("A") in A's capacity as -

(i) an agreement seller or potential agreement seller, or

(ii) an agreement provider or potential agreement provider; and

(b) is advice on the merits of A doing either of the following -

(i) entering into a particular regulated sale and rent back agreement; or

(ii) varying the terms of a regulated sale and rent back agreement entered into on or after 1st July 2009 by A as agreement seller or agreement provider, in such a way so as to vary A's obligations under that agreement.".