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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2014 - onwards
Version 3 of 3

Article 10 The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005

(1) The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 [S.I. 2005/1529.] (controlled activities) is amended as follows.

(2) After article 15(1) (introductions), insert -

"(1A) But paragraph (1) does not apply to any communication made with a view to or for the purpose of an introduction to a person who carries on an activity of the kind specified by -

(a) paragraph 4B of Schedule 1;

(b) paragraph 4C of that Schedule;

(c) paragraph 11 of that Schedule, to the extent that it relates to that paragraph 4B or that paragraph 4C.".

(3) After article 16(1) (exempt persons), insert -

"(1A) The financial promotion restriction also does not apply to any communication which is -

(a) a non-real time communication or a solicited real time communication;

(b) made by a person who is an appointed representative (within the meaning of section 39(2) of the Act) and is carrying on an activity to which sections 20(1) and (1A) and 23(1A) of the Act do not apply by virtue of section 39(1D); and