Section 59(1)

For the purposes of this Part, a “professional intermediary” is a person— who carries on a business consisting of an activity mentioned in subsection (2) and who holds himself out to the public or any section of the public (including a section of the public constituted by persons such as himself) as willing to engage in any such business; or who is employed by a person falling within paragraph (a) to carry out any such activity.

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Source: legislation.gov.uk · retrieved 2026-09-04