overseas person

(in accordance with article 3(1) of the Regulated Activities Order (Interpretation)) a person who:

1. (a) carries on any of the following regulated activities:
   1. (i) dealing in investments as principal;
   2. (ii) dealing in investments as agent;
   3. (iii) arranging (bringing about) deals in investments;
   4. (iv) arranging (bringing about) regulated mortgage contracts;911
   5. (v) making arrangements with a view to regulated mortgage contracts;911
   6. (vi) making arrangements with a view to transactions in investments11;
   7. (vii) managing investments11;
   8. (viii) safe custody and administering investments; 11
   9. (ix) sending dematerialised instructions11;
   10. (x) causing dematerialised instructions to be sent11;
   11. (xi) establishing, operating or winding up a collective investment scheme11;
   12. (xii) acting as trustee of an authorised unit trust scheme11;
   13. (xiii) acting as the depositary or sole director of an open-ended investment company11;
   14. (xiv) establishing, operating or winding up a stakeholder pension scheme11;
   15. (xv) advising on investments11;
   16. (xvi) advising on regulated mortgage contracts 9 11;
   17. (xvii) entering into a regulated mortgage contract ;9 11
   18. (xviii) administering a regulated mortgage contract 9 11;
   19. (ixx) agreeing to carry on those regulated activities 11, disregarding the exclusion in article 72 of the Regulated Activities Order (Overseas persons); but9 11
2. (b) does not carry on any such activities, or offer to do so, from a permanent place of business maintained by him in the United Kingdom.4