Part 4 Supplementary Provision

Part 4 Supplementary Provision

Duty to provide loan [charge] information to B

36

(1)     This paragraph applies where—

(a)     a person (“Pâ€) has made a loan, or a quasi-loan, to a relevant person,

(b)     the loan or quasi-loan was made on or after [9 December 2010], and

(c)     an amount of the loan or quasi-loan is outstanding at any time—

(i)     on or after 17 March 2016, and

(ii)     before the end of 5 April 2019.

(2)     Each of A and P must ensure that the [loan charge information (see paragraph 35D)] in relation to the loan or quasi-loan is provided to B before the end of [15 April 2019].

(3)     . . .

(4)     . . .

(5)     . . .

(6)     . . .

(7)     “Loanâ€, “quasi-loan†and “outstanding†have the same meaning for the purposes of this paragraph as they have for the purposes of paragraph 1.

[36A

(1)     Sub-paragraphs (2) to (8) apply if—

(a)     a person (“Pâ€) would, apart from this paragraph, be treated as taking a relevant step by paragraph 1 by reason of a loan made to a relevant person, and

(b)     the loan gives rise to a charge to

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