Source: https://www.legislation.gov.uk/uksi/2001/544/article/67
Timestamp: 2020-08-11 07:56:23
Document Index: 732835979

Matched Legal Cases: ['art. 67', 'art. 19', 'art. 67', 'art. 19', 'art. 67', 'art. 67', 'art. 67', 'art. 67', 'art. 67', 'art. 67', 'art. 67']

Changes and effects yet to be applied to Article 67:
art. 67(1) word inserted by S.I. 2009/1342 art. 19(a)
art. 67(1) words substituted by S.I. 2009/1342 art. 19(b)
art. 67(1) words substituted by S.I. 2015/910 Sch. 1 para. 4(25)(a)
Activities carried on in the course of a profession or non-investment businessU.K.
67.—(1) There is excluded from articles 21, 25(1) and (2)[F1, 25A], [F225B, 25C,] [F339A, 40] [F453][F5, 53A, 53B and 53C] any activity which—
(a)is carried on in the course of carrying on any profession or business which does not otherwise consist of [F6the carrying on of regulated activities in the United Kingdom]; and
(b)may reasonably be regarded as a necessary part of other services provided in the course of that profession or business.
(2) But the exclusion in paragraph (1) does not apply if the activity in question is remunerated separately from the other services.
F1Word in art. 67(1) inserted (31.10.2004) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 1) Order 2003 (S.I. 2003/1475), arts. 1(3), 19(a)
F2Words in art. 67(1) inserted (6.11.2006 for specified purposes) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2006 (S.I. 2006/2383), arts. 1(2), 20(a)
F3Words in art. 67 substituted (31.10.2004 for specified purposes, 14.1.2005 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2003 (S.I. 2003/1476), arts. 1(3), 10(2)
F4Words in art. 67(1) substituted (31.10.2004) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 1) Order 2003 (S.I. 2003/1475), arts. 1(3), 19(b)
F5Words in art. 67(1) substituted (6.11.2006 for specified purposes) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2006 (S.I. 2006/2383), arts. 1(2), 20(b)
F6Words in art. 67(1)(a) substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2001 (S.I. 2001/3544), arts. 1(a), 9