# The Construction Contracts Exclusion Order (Northern Ireland) 1999, Article 4: Finance agreements

Extent: N.I.

(1) A construction contract is excluded from the operation of the 1997 Order if it is a finance agreement.
(2) For the purposes of paragraph (1), a contract is a finance agreement if it is any one of the following—
(a) any contract of insurance;
(b) any contract under which the principal obligations include the formation or dissolution of a company, unincorporated association or partnership;
(c) any contract under which the principal obligations include the creation or transfer of securities or any right of interest in securities;
(d) any contract under which the principal obligations include the lending of money;
(e) any contract under which the principal obligations include an undertaking by a person to be responsible as surety for the debt or default of another person, including a fidelity bond, advance payment bond, retention bond or performance bond.

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Source: https://www.legislation.gov.uk/nisr/1999/33/article/4 (the official version)
Page: https://openlegislation.uk/construction-contracts-exclusion-order-northern-ireland-1999/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.