Article 36FA Activities carried on by registered social landlordsF1F2

There are excluded from article 36A (credit broking) activities carried on by a registered social landlord, for which the registered social landlord does not receive a fee.

The exclusion in paragraph (1) only applies to activities relating to the introduction of an individual who wishes to enter into a credit agreement, to—

For the purposes of this article, “fee” includes pecuniary consideration or any other form of financial consideration.

In this article—

• “community benefit society” means a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 or a registered society within the meaning of the Co-operative and Community Benefit Societies Act (Northern Ireland) 1969;

• “community interest company limited by guarantee” means a community interest company limited by guarantee within the meaning of section 26 of the Companies (Audit, Investigations and Community Enterprise) Act 2004;

• “credit union” means a credit union within the meaning of—

  1. (a)

     the Credit Unions Act 1979;

  2. (b)

     the Credit Unions (Northern Ireland) Order 1985;

• “registered charity” means

  1. (a)

     in England and Wales, a charity registered under section 30(1) of the Charities Act 2011;

  2. (b)

     in Scotland, a charity registered within the meaning of section 13(1) of the Charities and Trustee Investment (Scotland) Act 2005

  3. (c)

     in Northern Ireland, a charity registered under section 16(2) of the Charities Act (Northern Ireland) 2008;

• “registered social landlord” means—

  1. (a)

     in England, a private registered provider within the meaning of section 80(3) of the Housing and Regeneration Act 2008;

  2. (b)

     in Wales, a registered social landlord within the meaning of Part 1 of the Housing Act 1996;

  3. (c)

     in Scotland, a registered social landlord within the meaning of the Housing (Scotland) Act 2010;

  4. (d)

     in Northern Ireland, a housing association within the meaning of Part 2 of the Housing (Northern Ireland) Order 1992;

• “subsidiary” means a subsidiary as defined by section 1159 of the Companies Act 2006.