In this Order -

"the 1998 Act" means the Bank of England Act 1998;

"borrower" means a person who receives credit, and includes a person acting jointly with others, and a person acting as a trustee who receives credit jointly with other trustees;

"buy-to-let mortgage contract" means a contract that, at the time it is entered into, satisfies the following conditions - (a) the lender provides credit to the borrower; (b) the obligation of the borrower to repay is secured by a mortgage on land in the United Kingdom; (c) at least 40% of the land is used, or is intended to be used, as or in connection with adwelling on the basis of a rental agreement; and (d) the borrower, or any related person, are, for the duration of the buy-to-let mortgage contract, prevented from occupying any part of the land which is used, or is intended to be used, as adwelling;