(1) For the purposes of sections 1G, 404E and 425A [Section 1G substituted by the Financial Services Act 2012 (c.21), section 6. Section 404A substituted by the Financial Services Act 2010 (c.28), section 14 and amended by the Financial Services Act 2012, Schedule 18, Part 1, paragraph 19. Section 425A inserted by the Financial Services Act 2010, Schedule 2, Part 1, paragraph 32 and amended by S.I. 2013/655.] of the Act (meaning of "consumer"), in so far as those provisions relate to a person ("A") carrying on a regulated activity of the kind specified by -
(a) article 60B (regulated credit agreements), or
(b) article 64 (agreeing to carry on specified kinds of activity) in so far as that article relates to article 60B,
a person who is treated by A as a person who is or has been the borrower under a regulated credit agreement is to be treated as a "consumer".
(2) For the purposes of section 328(8) of the Act (meaning of "clients") in so far as that provision relates to a person ("A") c
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