GEN 2.28.2

A Person does not carry on the activity of Arranging Credit under GEN Rule 2.28.1(1)(a) if that Person enters, or is to enter, into the transaction to Provide Credit. This exclusion does not apply in the case of a branch which makes arrangements for its head office, or any other branch of the same legal entity as itself, to enter into a transaction as provided under GEN Rule 2.28.1(1)(a).

Derived from DFSA RM184/2016 (Made 7th December 2016). [VER38/02-17]