PART 3Amendments to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001
Article 60HA (exempt agreements: exemptions not permitted under the mortgages directive)142
1
Article 60HA241 (exempt agreements: exemptions not permitted under the mortgages directive) is amended as follows.
2
In the heading, for “exemptions not permitted under the mortgages directive” substitute “provision qualifying articles 60E, 60F and 60H”.
3
In paragraph (1)242, for the words after “article 60E(2) or (5)” substitute “or 60F(4) if it is a mortgage agreement to which paragraph (2) does not apply”.
4
In paragraph (2)—
a
after “This paragraph applies” insert “to an agreement”;
b
omit paragraph (a);
c
in paragraph (b), for “of Article 4(23) of the mortgages directive” substitute “given by article 60G(9)”.