Paragraph 5B Debt-counsellingF1
(1)
Advising a borrower about the liquidation of a debt due under a relevant credit agreement is a controlled activity.
(2)
Advising a hirer about the liquidation of a debt due under a consumer hire agreement is a controlled activity.
Annotations
Textual amendments
- F1
Sch. 1 paras. 5A, 5B inserted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), arts. 1(2)(6), 17(6)(b)