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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
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423A. Mortgage agreements etc

(1) In this Act -

"mortgage agreement" means an agreement to which subsection (2) applies, but to which subsection (3) does not apply, under which a mortgage creditor grants or promises to grant, to a consumer, a credit in the form of a deferred payment, loan or other similar financial accommodation;

"mortgage creditor" means a person who grants or promises to grant -(a) in the course of the person's trade, business or profession, and(b) under an agreement to which subsection (2) applies but to which subsection (3) does not apply,credit in the form of a deferred payment, loan or other similar financial accommodation;

"mortgage intermediary" means a person who, in the course of the person's trade, business or profession, and acting neither as a mortgage creditor or notary nor in an introductory capacity, does any of the following for any agreed form of financial consideration - (a) presenting or offering mortgage agreements to consumers; (b) assisting consumers by undertaking

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