S T A T U T O R Y I N S T R U M E N T S 2020 No. 480  FINANCIAL SERVICES AND MARKETS  The Financial Services and Markets Act 2000 (Regulated  Activities) (Coronavirus) (Amendment) Order 2020  Made - - - - at 9.30 a.m. on 1st May 2020  Laid before Parliament at 1.00 p.m. on 1st May 2020  Coming into force - - 4th May 2020  The Treasury, in exercise of the powers conferred by sections 22(1) and (5) and 428(3) of, and  paragraph 25 of Schedule 2 to, the Financial Services and Markets Act 2000( a ), make the  following Order:  1. —(1) This Order may be cited as the Financial Services and Markets Act 2000 (Regulated  Activities) (Coronavirus) (Amendment) Order 2020.  Citation, commencement and interpretation  (2) This Order comes into force on 4th May 2020.  (3) For the purposes of this Order—  “the Act” means the Financial Services and Markets Act 2000;  “Regulated Activities Order” means the Financial Services and Markets Act 2000 (Regulated  Activities) Order 2001( b ).  2. —(1) The Regulated Activities Order is amended as follows.  Amendment of the Regulated Activities Order  (2) In article 36H (operating an electronic system in relation to lending), at the beginning of  paragraph (4), insert the words “Subject to article 60C(4C),”.  (3) In article 39H (activities where a person has a connection to the agreement), after paragraph  (1), insert—  “(1A) In so far as it applies to article 39F(1), the exclusion in paragraph (1)(a) does not  apply to a lender under a credit agreement which is an exempt agreement by virtue of  article 60C(4A).”.  (4) In article 60C (exempt agreements: exemptions relating to the nature of the agreement), after  paragraph (4), insert—  “(4A) A credit agreement is an exempt agreement if—  (a) the lender provides the borrower with credit of £25,000 or less,  ( a ) 2000 c.8.  ( b ) S.I. 2001/544. 