# The Consumer Credit Act 2006 (Commencement No. 4 and Transitional Provisions) Order 2008, Paragraph 3


The condition is that at the time the agreement is entered into less than 40% of the land is used, or is intended to be used, as or in connection with a dwelling—
(a) by the debtor or a person connected with the debtor, or
(b) in the case of credit provided to trustees, by an individual who is the beneficiary of the trust or a person connected with such an individual.

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Source: https://www.legislation.gov.uk/uksi/2008/831/schedule/1/paragraph/3 (the official version)
Page: https://openlegislation.uk/consumer-credit-act-2006-commencement-no-4-and-transitional-provisions-order-2008/schedule-1/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.