(1) An * arrangement under which a * borrowing is made, or credit is provided, is a capital protected borrowing if the borrower is wholly or partly protected against a fall in the * market value of a thing (the protected thing ) to the extent that:
(a) the borrower uses the amount borrowed or credit provided to acquire the protected thing; or
(b) the borrower uses the protected thing as security for the borrowing or provision of credit.
(2) That protection is called capital protection .