Section 113(8)

Subsections (1) to (3) also apply where a security is provided in relation to an actual or prospective linked transaction, and in that case— references to the agreement shall be read as references to the linked transaction, and references to the creditor or owner shall be read as references to any person (other than the debtor or hirer, or his relative) who is a party, or prospective party, to the linked transaction.

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Source: legislation.gov.uk · retrieved 2026-07-30