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Changes over time for: Cross Heading: Bounce Back Loan Scheme
Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 04/05/2020.
Changes to legislation:
There are currently no known outstanding effects for the Business and Planning Act 2020, Cross Heading: Bounce Back Loan Scheme.
Changes to Legislation
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Bounce Back Loan SchemeU.K.
12Removal of powers of court in relation to unfair relationshipsU.K.
In section 140A of the Consumer Credit Act 1974 (unfair relationships between creditors and debtors), after subsection (5) insert—
“(6)An order under section 140B shall not be made in connection with a credit agreement entered into under the Bounce Back Loan Scheme.
(7)In subsection (6) “the Bounce Back Loan Scheme” means the scheme of that name operated from 4 May 2020 by the British Business Bank plc on behalf of the Secretary of State.”
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