severally liable to the buyer for the damages or sum of money. (2) It is a defence to proceedings arising under subsection (1) against a linked credit provider of a supplier if the linked credit provider proves— (a) that the credit provided by him to the buyer was provided as a result of an approach by the buyer to the credit provider that was not induced by the supplier; (b) where the proceedings relate to a contract of sale with respect to which a tied loan contract applies, that— (i) after due inquiry before he became such a linked credit provider, he was satisfied that the supplier was of good reputation in respect of his financial standing and ethical standards of trading; (ii) since becoming such a linked credit provider, but before the tied loan contract was entered into, he had not had cause to suspect, and had not suspected, that the buyer might be entitled to claim damages against or recover a sum of money from, the supplier for misrepresentation, breach of contract or failure of consideration as referred to in subsection (1); and (iii) since becoming such a linked credit provider, but before the tied loan contract was entered into, he had not had any cause to suspect, and had not suspected, that the supplier might be unable to meet his liabilities as and when they fell due; or
severally liable to the buyer for the damages or sum of money. (2) It is a defence to proceedings arising under subsection (1) against a linked credit provider of a supplier if the linked credit provider proves— (a) that the credit provided by him to the buyer was provided as a result of an approach by the buyer to the credit provider that was not induced by the supplier; (b) where the proceedings relate to a contract of sale with respect to which a tied loan contract applies, that— (i) after due inquiry before he became such a linked credit provider, he was satisfied that the supplier was of good reputation in respect of his financial standing and ethical standards of trading; (ii) since becoming such a linked credit provider, but before the tied loan contract was entered into, he had not had cause to suspect, and had not suspected, that the buyer might be entitled to claim damages against or recover a sum of money from, the supplier for misrepresentation, breach of contract or failure of consideration as referred to in subsection (1); and (iii) since becoming such a linked credit provider, but before the tied loan contract was entered into, he had not had any cause to suspect, and had not suspected, that the supplier might be unable to meet his liabilities as and when they fell due; or
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