The Financial Services and Markets Act 2000 (Regulated Activities) (Green Deal) (Amendment) Order 2014

Amendments to article 3

3.—(1) Article 3(1) (interpretation)(1) is amended as follows.

(2) In the definition of “borrower”—

(a) in paragraph (a)—

(i) for “or” substitute “,”;

(ii) after “given by article 36H)” insert “or an agreement that is a green deal plan”; and

(b) after paragraph (b) insert—

“(c) in relation to a credit agreement that is a green deal plan, has the meaning given by article 60LB;”.

(3) For the definition of “credit agreement” substitute—

““credit agreement”—

(a)

in relation to an agreement other than a green deal plan, has the meaning given by article 60B;

(b)

in relation to a green deal plan, has the meaning given by article 60LB;”.

(4) After the definition of “funeral plan contract” insert—

““green deal plan” has the meaning given by section 1 of the Energy Act 2011;”.

(5) In the definition of “lender”—

(a) in paragraph (c)—

(i) for “or” substitute “,”;

(ii) after “given by article 36H)” insert “or an agreement that is a green deal plan”; and

(b) after paragraph (d) insert—

“(e) in relation to a credit agreement that is a green deal plan, has the meaning given by article 60LB;”.

(1)

Article 3(1) was amended by S.I. 2013/1881, articles 2 and 3 and S.I. 2014/366, article 2.