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Amendment 434 will therefore exclude activities that are mentioned in paragraph 5(1)(a) of schedule 3 to the 1986 act.Amendment 435 will exclude certain regulated activities within the meaning of section 22 of the Financial Services and Markets Act 2000.
That committee noted that section 47(a) will give ministers powers to prescribe the form in which authorisation for certain activities under parts 2 and 3 of the bill can be given.