1. For the purposes of Article 2(2) of Directive 2005/60/EC, Member States may, subject to paragraph 2 of this Article, consider legal or natural persons who engage in a financial activity which fulfils all the following criteria as not falling within the scope of Article 3(1) or (2) of that Directive:
(a) the financial activity is limited in absolute terms;
(b) the financial activity is limited on a transaction basis;
(c) the financial activity is not the main activity;
(d) the financial activity is ancillary and directly related to the main activity;
(e) with the exception of the activity referred to in point (3)(e) of Article 2(1) of Directive 2005/60/EC, the main activity is not an activity mentioned in Article 2(1) of that Directive;
(f) the financial activity is provided only to the customers of the main activity and is not generally offered to the public.
For the purposes of point (a) of the first subparagraph, the total turnover of the financial activity may not exceed a t