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permitted loans

59in relation to permitted links, a loan with any of the following:

  1. (a) an approved credit institution; or
  2. (b) an approved financial institution; or
  3. (c) an approved investment firm; or
  4. (d) any person, provided that the loan:
    1. (i) is documented in a written agreement setting out the rate of interest and the amount of, and due dates for, repayments; and
    2. (ii) is fully secured by a mortgage or charge on permitted land and property that, if made to someone other than a body corporate, is not used wholly or mainly for domestic purposes.