approved lender

(1) As used in this subsection: (A) The term “approved lender” means a lender approved prior to October 28, 1992 , by the Secretary under the approved lender program established by exhibit A to subpart B of part 1980 of title 7, Code of Federal Regulations (as in effect on January 1, 1991 ), or a lender certified under section 1989 of this title. (B) The term “seasoned direct loan borrower” means a borrower receiving a direct loan under this chapter who has been classified as “commercial” or “standard” under subpart W of part 2006 of the Instruction Manual (as in effect on January 1, 1991 ).

Source

7 USC § 1983a(f)(1)


Scoping language

As used in this subsection
Is this correct? or