Section 37(3)

“Relevant credit activity” means the activity of— so far as the activity is not a transferred activity (as defined in section 107(1) of the Financial Services Act 2012). entering into an agreement described in article 60F(2) or (3) of the Regulated Activities Order (certain borrower-lender-supplier agreements for fixed-sum credit or running-account credit) as lender, or exercising, or having the right to exercise, the lender's rights and duties under such an agreement,

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