AUTH App 4.13 Other exemptions

Certain named persons are exempted by the Exemption Order from the need to obtain authorisation. The following bodies are exempt in relation to carrying on by them of any of the regulated mortgage activities:

1. (1)

   local authorities (paragraph 47 of the Schedule to the Exemption Order) but not their subsidiaries;

2. (2)

   registered social landlords in England and Wales within the meaning of Part I of the Housing Act 1996 (paragraph 48(a) of the Schedule to the Exemption Order) but not their subsidiaries;

3. (3)

   registered social landlords in Scotland within the meaning of the Housing (Scotland) Act 2001 (paragraph 48(2)(b) of the Schedule to the Exemption Order) but not their subsidiaries;1

4. (4)

   The Housing Corporation (paragraph 48(c) of the Schedule to the Exemption Order);

5. (5)

   Scottish Homes (paragraph 48(d) of the Schedule to the Exemption Order); and

6. (6)

   The Northern Ireland Housing Executive (paragraph 48(e) of the Schedule to the Exemption Order).