Article 60F Exempt agreements: exemptions relating to number of repayments to be madeF1

the agreement is a borrower-lender-supplier agreement for fixed-sum creditF2, other than a green deal plan,

the number of payments to be made by the borrower is not more than F3twelve,

those payments are required to be made within a period of 12 months or less (beginning on the date of the agreement),

the credit is—

neither paragraph (7) nor paragraph (7A) (taken with paragraph (7B)) applies to the agreement.

the agreement is a borrower-lender-supplier agreement for running-account credit,

the borrower is to make payments in relation to specified periods which must be, unless the agreement is secured on land, of 3 months or less,

the number of payments to be made by the borrower in repayment of the whole amount of credit provided in each such period is not more than one,

the credit is—

paragraph (7) does not apply to the agreement.

the agreement is a borrower-lender-supplier agreement financing the purchase of land,

the number of payments to be made by the borrower is not more than four, and

the credit is—

the agreement is a borrower-lender-supplier agreement for fixed-sum credit,

the credit is to finance a premium under a contract of insurance relating to land or anything on land,

the lender is the lender under a credit agreement secured by a legal F7or equitable mortgage on that land,

the credit is to be repaid within the period (which must be 12 months or less) to which the premium relates,

in the case of an agreement secured on land, there is no charge forming part of the total charge for credit under the agreement other than interest at a rate not exceeding the rate of interest from time to time payable under the agreement mentioned at sub-paragraph (c),

in the case of an agreement which is not secured on land, the credit is provided without interest or other charges, and

the number of payments to be made by the borrower is not more than twelve.

the agreement is a borrower-lender-supplier agreement for fixed-sum credit,

the lender is the lender under a credit agreement secured by a legal F8or equitable mortgage on land,

the agreement is to finance a premium under a contract of whole life insurance which provides, in the event of the death of the person on whose life the contract is effected before the credit referred to in sub-paragraph (b) has been repaid, for payment of a sum not exceeding the amount sufficient to meet the amount which, immediately after that credit has been advanced, would be payable to the lender in respect of that credit (including interest from time to time payable under that agreement),

in the case of an agreement secured on land, there is no charge forming part of the total charge for credit under the agreement other than interest at a rate not exceeding the rate of interest from time to time payable under the agreement mentioned at sub-paragraph (b),

in the case of an agreement which is not secured on land, the credit is provided without interest or other charges, and

the number of payments to be made by the borrower is not more than twelve.

agreements financing the purchase of land;

agreements which are conditional sale agreements or hire-purchase agreements;

agreements secured by a pledge (other than a pledge of documents of title or of bearer bonds).

where—

made in the following way—

agreements to finance premiums under contracts of insurance;

agreements where—

agreements to finance the provision of goods or services offered by a registered social landlord (as defined by article 36FA(4)) to—

the repayment of capital, or

the payment of interest or any other charge which forms part of the total charge for credit.