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Regulation 7 Exceptions relating to loans and credit arrangements

Original text. Later amendments are not shown.

(1)

Regulation 59 is amended as follows.

(2)

After paragraph (1)(c)(ii) insert—

“(iii)

in the case of a category 5 loan, the date on which the Amendment Regulations (No. 15) 2022 come into force;”.

(3)

After paragraph (2)(a)(i)(bb) insert—

“(cc)

in the case of a category 5 loan, the date on which the Amendment Regulations (No. 15) 2022 come into force;”.

(4)

In paragraph (3)—

(a)

before the definition of “category 1 loan”, insert—

  • ““the Amendment Regulations (No. 15) 2022 has the meaning given to it in regulation 17;”;

(b)

after the definition of “category 4 loan”, insert—

  • ““category 5 loan” has the meaning given to it in regulation 17;”.