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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 26 July 2013 - onwards
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Article 46A Promotions of credit etc. for business purposes

(1) The financial promotion restriction does not apply to a communication which relates to a controlled activity falling within paragraph 4C of Schedule 1 and which -

(a) indicates clearly (by express words or otherwise) that a person is willing to facilitate another person ("B") becoming the borrower under a paragraph 4C agreement for the purposes of B's business, and

(b) does not indicate (by express words or otherwise) that the person is willing to facilitate B becoming the borrower under such an agreement for any other purpose.

(2) The financial promotion restriction does not apply to a communication which relates to a controlled activity falling within paragraph 10BA of Schedule 1 and which -

(a) indicates clearly (by express words or otherwise) that a person is willing to enter into a relevant credit agreement as lender for the purposes of another person's business, and

(b) does not indicate (by express words or otherwise) that the person is willing to enter into a relevant credi

Comparing proposed amendment...