(1) The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 [S.I. 2013/1881.] is amended as follows.

(2) In article 56 (interim permission) -

(a) in paragraph (3), after "regulated activities" insert "of the kind specified by article 60B (regulated credit agreements)";

(b) after paragraph (3), insert -

"(3A) For the purposes of paragraph (3), there is to be disregarded any activity carried on by P in the period of one year ending on 1st April 2014 in so far as it relates to an agreement secured on land.";

(c) in paragraph (9) -

(i) in the opening words of that paragraph, for "61" substitute "59";

(ii) in sub-paragraph (a), for "commencement" substitute "1st April 2014".

(3) In article 58 (duration of interim permission), after paragraph (5), insert -

"(6) Where P’s interim permission ceases to have effect in accordance with paragraph (1) -