(3) CASS 9.4 and CASS 9.5 do not apply to a firm which only arranges safeguarding and administration of assets.
(4) for a firm to which CASS 7 (client money rules) applies as well as either or both of CASS 5 (Client money: insurance mediation activity) and CASS 11 (Debt management client money chapter) apply, this chapter does not apply to client money that a firm holds in accordance with CASS 5 or CASS 11.