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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 17 March 2016 - onwards
Version 2 of 2

Article 9 Amendment of the Small and Medium Sized Business (Finance Platforms) Regulations 2015

In the Small and Medium Sized Business (Finance Platforms) Regulations 2015 [S.I. 2015/1946.] -

(a) in regulation 2(1) (interpretation), after the definition of "the 2000 Act" insert -

""broker" means a person who, as part of that person's usual business activities, effects introductions of persons seeking finance to finance providers;"; and

(b) in regulation 3(3) (designated banks to provide information to designated finance providers) -

(i) at the end of sub-paragraph (c) omit "or"; and

(ii) after sub-paragraph (d) insert -

"; or

(e) the application was made by a broker on behalf of the business.".