40. Requirement for licence

Terms defined in s 4

• credit business

  credit business

  Defined · s 4

  “credit business” means any business, whether conventional or Islamic as set out in Schedule 2;

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• credit provider

  credit provider

  Defined · s 4

  “credit provider” means a person who carries on a credit business where the person— (a) is licensed under Part V of this Act; (b) is permitted to do so under any other written law; (c) is subject to the Hire-Purchase Act 1967; or (d) is subject to the Consumer Protection Act 1999;

  Open s 4
• licence

  licence

  Defined · s 4

  “licence” means a licence granted under section 42;

  Open s 4
• person

  person

  Defined · s 4

  “person” includes an individual, any sole proprietorship, corporation, statutory body, local authority, society, trade union, co-operative society, partnership and any other body, organization, association or group of persons, whether corporate or unincorporate;

  Open s 4