Part II

Regulated And Prohibited Activities

Regulated activities

The classes of activity and categories of investment
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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.