# The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, Paragraph 10A: Arranging qualifying credit etc.

Extent: E+W+S+N.I.

(1) Making arrangements—
(a) for another person to enter as borrower into an agreement for the provision of qualifying credit; or
(b) for a borrower under a regulated mortgage contract falling within sub-paragraph (2) to vary the terms of that contract in such a way as to vary his obligations under that contract,
is a controlled activity.
(2) A regulated mortgage contract falls within this sub-paragraph if—
(a) the contract was entered into on or after 31st October 2004; or
(b) the contract—
(i) was entered into before 31st October 2004; and
(ii) was a regulated credit agreement immediately before 21st March 2016.
(3) In this paragraph “regulated mortgage contract” has the meaning given by article 61(3) of the Regulated Activities Order.

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Source: https://www.legislation.gov.uk/uksi/2005/1529/schedule/1/paragraph/10A (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-financial-promotion-order-2005/schedule-1/paragraph-10A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.