# The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, Paragraph 10BAA: Advising on certain relevant consumer credit relating to land

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

Advising a person is a controlled activity if the advice—
(a) is given to the person in the person's capacity as a recipient of credit, or potential recipient of credit; and
(b) consists of the provision of personal recommendations to the person in respect of one or more transactions relating to a relevant credit agreement where the person intends to use the credit to acquire or retain property rights in land or in an existing or projected building, other than an agreement under which qualifying credit within the meaning of paragraph 10 is provided.

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