(1) A credit agreement is an exempt agreement for the purposes of this Chapter if -
(a) the borrower is an individual,
(b) the agreement is either -
(i) secured on land, or
(ii) for credit which exceeds £60,260 and, if entered into on or after 21st March 2016, is for a purpose other than -
(aa) the renovation of residential property,
(bb) [deleted]
(c) the agreement includes a declaration made by the borrower which provides that the borrower agrees to forgo the protection and remedies that would be available to the borrower if the agreement were a regulated credit agreement and which complies with rules made by the FCA for the purposes of this paragraph,
(d) a statement has been made in relation to the income or assets of the borrower which complies with rules made by the FCA for the purposes of this paragraph,
(e) the connection between the statement and the agreement complies with any rules made by the FCA for the purposes of this paragraph (including as to the period of time betw
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