(b) all or part of A's assets are being used to form the whole or part of the security for a loan or any other finance provided to A by the ring-fenced body or by a conduit vehicle of the ring-fenced body for the benefit of B.
(a) D was established by, or is operated for the benefit of, C; and
(b) the only business of D (apart from incidental activities) is -
(i) to acquire, hold and manage assets from or for C, or
(ii) to make loans or provide other finance at the direction or on the advice of C using resources provided by C or raised in the financial markets to enti…