6. Carrying on Regulated Activities by way of business

(1) The Regulator may make Rules which make provision —
(a) as to the circumstances in which a person who would otherwise not be regarded as carrying on a Regulated Activity by way of business is to be regarded as doing so;
(b) as to the circumstances in which a person who would otherwise be regarded as carrying on a Regulated Activity by way of business is to be regarded as not doing so.
(2) Rules under subsection (1) may be made so as to apply —
(a) generally in relation to all Regulated Activities;
(b) in relation to a Specified category of Regulated Activity; or
(c) in relation to a particular Regulated Activity.