17The following provisions of this Act apply for purposes of this Part—
(a)section 331(2), (3), (5) and (7), as regards the meaning of "guarantee", "quasi-loan", "recognised bank" and " credit transaction ", and
(b)section 331(9), as to the interpretation of references to a transaction or arrangement being made " for" a person;
and "amount outstanding" means the amount of the outstanding liabilities of the person for whom the transaction, arrangement or agreement was made or, in the case of a guarantee or security, the amount guaranteed or secured.