212 The person for whom a transaction or arrangement is entered into
212 The person for whom a transaction or arrangement is entered into
Companies Act 2006 | Legislation

For the purposes of sections 197 to 214 (loans etc) the person for whom a transaction or arrangement is entered into is—

(a)     in the case of a loan or quasi-loan, the person to whom it is made;

(b)     in the case of a credit transaction, the person to whom goods, land or services are supplied, sold, hired, leased or otherwise disposed of under the transaction;

(c)     in the case of a guarantee or security, the person for whom the transaction is made in connection with which the guarantee or security is entered into;

Popular documents