(1) In Schedule 6 to the Financial Services and Markets Act 2000 (threshold conditions) [2000 c. 8. Schedule 6 amended by S.I. 2013/555 and 1881.], Part 1B (Part 4A permission: authorised persons who are not PRA-authorised persons) [Inserted by S.I. 2013/555; amended by S.I. 2013/1881.] is amended as follows.
(2) For paragraph 2C(1A) (effective supervision), substitute -
"(1A) Paragraphs (a), (b) and (e) of sub-paragraph (1) do not apply where the only regulated activities that the person carries on, or seeks to carry on, are -
(a) relevant credit activities, and
(b) if any, activities to which, by virtue of section 39(1D), sections 20(1) and (1A) and 23(1A) do not apply when carried on by the person."
(3) For paragraph 2D(3A) (appropriate resources), substitute -
"(3A) Where the only regulated activities that A carries on or seeks to carry on are -
(a) relevant credit activities, and
(b) if any, activities to which, by virtue of section 39(1D), sections 20(1) and (1A) and 23(1A) do no
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