Section 212 | The person for whom a transaction or arrangement is entered into

For the purposes of sections 197 to 214 (loans etc) the person for whom a transaction or arrangement is entered into is—

(a)in the case of a loan or quasi-loan, the person to whom it is made;

(b)in the case of a credit transaction, the person to whom goods, land or services are supplied, sold, hired, leased or otherwise disposed of under the transaction;

(c)in the case of a guarantee or security, the person for whom the transaction is made in connection with which the guarantee or security is entered into;

(d)in the case of an arrangement within section 203 (related arrangements), the person for whom the transaction is made to which the arrangement relates.