(1) The Financial Services and Markets Act 2000 (Professions) (Non-Exempt Activities) Order 2001 [S.I. 2001/1227; relevant amending instruments are S.I. 2001/3650, S.I. 2003/1475 and 2006/2383.] is amended as follows.

(2) In article 2(1) (interpretation) -

(a) after the definition of "the Act" insert -

""agreement provider" has the meaning given by paragraph (3) of article 63J of the Regulated Activities Order, read with paragraphs (6) and (7) of that article;

"agreement seller" has the meaning given by article 63J(3) of the Regulated Activities Order";

(b) after the definition of "regulated mortgage contract" insert -

""regulated sale and rent back agreement" has the meaning given by article 63J(3) of the Regulated Activities Order;".

(3) After article 6F (activities to which exemption from the general prohibition does not apply: regulated home purchase plans) insert -

"6G.

(1) An activity of the kind specified by article 53D of the Regulated Activities Order (advising on regulated sale and rent back agreements) where the advice in question falls within paragraph (2).

(2) Subject to paragraph (3), advice falls within this paragraph in so far as -