Amendment of regulation 59 (exceptions relating to loans and credit arrangements)11

In regulation 59—

a

in paragraph (1)(c)(iii), for “the date on which the Amendment Regulations (No. 15) 2022 come into force” substitute “29th October 2022”;

b

after paragraph (1)(c)(iii), insert—

iv

in the case of a category 6 loan, 16th December 2022;

c

in paragraph (2)(a)(i)(cc), for “the date on which the Amendment Regulations (No. 15) 2022 come into force” substitute “29th October 2022”;

d

after paragraph (2)(a)(i)(cc), insert—

dd

in the case of a category 6 loan, 16th December 2022;

e

in paragraph (3)—

i

omit ““the Amendment Regulations (No. 15) 2022 has the meaning given to it in regulation 17;”;

ii

after the definition of “category 5 loan”, insert—

  • “category 6 loan” has the meaning given to it in regulation 17;