49. Operating an electronic system in relation to lending.

49. Operating an electronic system in relation to lending.

Consumer Credit (Volume 21 (2022)) | Commentary

Operating an electronic system which enables the operator1 ('A') to facilitate persons ('B' and 'C') becoming the lender2 and borrower3 under an agreement4 is a specified5 kind of activity6 where:

  1.  

    (1)     the system operated by A is capable of determining which agreements should be made available to each of B and C (whether in accordance