CBTL arranger
179a person who in the course of their trade, business or profession, for remuneration which may take a pecuniary form or any other agreed form of financial consideration:
- (a) presents or offers CBTL credit agreements to CBTL consumers; or
- (b) assists CBTL consumers by undertaking preparatory work or other pre-contractual administration in respect of CBTL credit agreements other than as in (a); or
- (c) concludes CBTL credit agreements with CBTL consumers on behalf of the CBTL lender;
and is not:
- (d) a CBTL lender; or
- (e) merely introducing, either directly or indirectly, a CBTL consumer to a CBTL lender or CBTL arranger.
[Note: article 5 of the MCD Order]