(1) In this section -
"financial period" means the financial year to which the financial statements concerned relate;
"relevant persons" means persons who, at any time during the financial year to which the financial statements concerned relate, were connected with a director of the company or the institution referred to in subsection (2);
"relevant transaction, arrangement or agreement" shall be read in accordance with subsection (3);
"transactions, arrangements or agreements" means any of the following classes of transactions, arrangements or agreements:
(a) loans, quasi-loans or credit transactions entered into with or for relevant persons;
(b) agreements to enter into any loans, quasi-loans or credit transactions with or for relevant persons;
(c) guarantees entered into or security provided on behalf of relevant persons in connection with a loan, quasi-loan or credit transaction entered into with or for such persons;
(d) agreements to enter into guarantees or provide any s
…