Regulation 145 Article 61 (regulated mortgage contracts)

Article 61 (regulated mortgage contracts) is amended as follows.

In paragraph (3)(a)(ii)^f1 omit “in the EEA”.

In paragraph (4), after sub-paragraph (a) insert—

“(aa)

“land”—

(i)

in relation to a contract entered into before exit day, means land in the United Kingdom or within the territory of an EEA State;

(ii)

in relation to a contract entered into on or after exit day, means land in the United Kingdom.”.