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  1. Point in time
    2007-07-01

advising on a home purchase plan

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the regulated activity, specified in article 53C of the Regulated Activities Order, which is in summary: advising a person if the advice:

  1. (a) is given to him in his capacity as a home purchaser or potential home purchaser; and
  2. (b) is advice on the merits of his:
    1. (i) entering into a particular home purchase plan; or
    2. (ii) varying the terms of a home purchase plan entered into by him on or after 6 April 2007 in such a way as to vary his obligations under that plan.