(1) A person who is not an authorised person ("A") does not carry on an activity of the kind specified by article 53A by reason of -
(a) anything done by an authorised person ("B") in relation to a regulated mortgage contract which B is administering pursuant to arrangements of the kind mentioned in article 62(a); or
(b) anything A does in connection with the administration of a regulated mortgage contract in circumstances falling within article 62(b).
(2) A person who is not an authorised person ("A") does not carry on an activity of the kind specified by article 53B by reason of -
(a) anything done by an authorised person ("B") in relation to a regulated home reversion plan which B is administering pursuant to arrangements of the kind mentioned in article 63C(a); or
(b) anything A does in connection with the administration of a regulated home reversion plan in circumstances falling within article 63C(b).
(3) A person who is not an authorised person ("A") does not carry on an activit
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