MCOB 11.1 Application

This chapter applies to a firm in a category listed in column (1) of the table in MCOB 11.1.2 R in accordance with column (2) of that table.

This chapter applies if a firm:

1. (1)

   enters into a regulated mortgage contract or home purchase plan1 with a customer; or

2. (2)

   makes a further advance or varies an existing regulated mortgage contract or home purchase plan1 to make a further advance to a customer.