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SCHEDULES

SCHEDULE 2U.K. Regulated Activities

Modifications etc. (not altering text)

C1Sch. 2 applied by 1974 c. 39, s. 16(6E)(c) (as inserted (1.9.2002) by S.I. 2001/544, arts. 2(1)(2)(b), 90(2); S.I. 2001/3538, art. 2(1))

Part IIU.K. Investments

Loans secured on landU.K.

23(1)Rights under any contract under which—U.K.

(a)one person provides another with credit; and

(b)the obligation of the borrower to repay is secured on land.

(2)Credit” includes any cash loan or other financial accommodation.

(3)Cash” includes money in any form.