2. Specification of activities and investments

(1) The following provisions of this Schedule specify kinds of activity for the purposes of section 19. Accordingly any activity of one of those kinds, which relates to an investment of a kind specified by any provision of Part 3 and applicable to that activity, is a Regulated Activity for the purposes of these Regulations.
(2) The kinds of activity specified by paragraphs 36, 43, 46, 52, 59, 60 61, 64(2), 65, 67, 68 and 72 are also specified for the purposes of section 19. Accordingly any activity of one of those kinds is a Regulated Activity (irrespective of the kind of property to which it relates and whether or not it is carried on in relation to property of any kind).
(3) Each provision specifying a kind of activity is subject to the exclusions applicable to that provision (including under Chapter 18). Accordingly any reference in this Schedule to an activity of the kind specified by a particular provision is to be read subject to any such exclusions.