Part II Regulated And Prohibited Activities

Regulated activities

C122 The classes of activity and categories of investment.

1

An activity is a regulated activity for the purposes of this Act if it is an activity of a specified kind which is carried on by way of business and—

a

relates to an investment of a specified kind; or

b

in the case of an activity of a kind which is also specified for the purposes of this paragraph, is carried on in relation to property of any kind.

2

Schedule 2 makes provision supplementing this section.

3

Nothing in Schedule 2 limits the powers conferred by subsection (1).

4

“Investment” includes any asset, right or interest.

5

“Specified” means specified in an order made by the Treasury.