209 Exceptions for money-lending companies

(1) Approval is not required under section 197, 198 or 200 for the making of a loan or quasi-loan, or the giving of a guarantee or provision of se

curity in connection with a loan or quasi-loan, by a money-lending company if–-

(a) the transaction (that is, the loan, quasi-loan, guarantee or security) is entered into by the company in the ordinary course of the company's business, and