Section A25(2)

The reference to the company obtaining credit includes— the company entering into a conditional sale agreement in accordance with which goods are to be sold to the company, the company entering into any other form of hire-purchase agreement under which goods are to be bailed (in Scotland, hired) to the company, and the company being paid in advance (whether in money or otherwise) for the supply of goods or services.

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Source: legislation.gov.uk · retrieved 2026-09-04