CBTL lender
- (a) enters into or promises to enter into a CBTL credit agreement under which the person is to provide credit; or
- (b) administers a CBTL credit agreement in circumstances where doing so constitutes, or would if the person were not a CBTL firm constitute, administering a regulated mortgage contract;
in the course of a trade, business or profession.[Note: article 4(1) of the MCD Order]