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62. A person who is not an authorised person does not carry on an activity of the kind specified by article 61(2) in relation to a regulated mortgage contract where he—
(a)arranges for another person, being an authorised person with permission to carry on an activity of that kind, to administer the contract; or
(b)administers the contract himself during a period of not more than one month beginning with the day on which any such arrangement comes to an end.
Commencement Information
I1Art. 62 in force at 31.10.2004, see art. 1(2)(b) (as read with Treasury notice dated 9.7.2003)