Consumer Credit Act 1974 (c. 39)

SCHEDULES

SCHEDULE 3 U.K. Transitional and Commencement Provisions

Part VI of Act U.K. Matters Arising During Currency of Credit or Hire Agreements

Misuse of credit facilities U.K.

20 (1) Sections 83 and 84 come into operation on [F1 19th May 1985]. U.K.

(2) Subject to sub-paragraph (4), section 83 applies to an agreement made before [F1 19th May 1985] where the agreement would have been a regulated consumer credit agreement if made on that day.

(3) Subject to sub-paragraph (4), section 84 applies to an agreement made before [F1 19th May 1985] where the agreement would have been a credit-token agreement if made on that day.

(4) Sections 83 and 84 do not apply to losses arising before [F1 19th May 1985].

(5) Section 84(4) shall be taken to be satisfied in relation to an agreement made before [F1 19th May 1985] if, within 28 days after that day, the creditor gives notice to the debtor of the name, address and telephone number of a person stated in that notice to be the person to whom notice is to be given under section 84(3).

Textual Amendments

F1 Words substituted by S.I. 1983/1551, arts. 2(1), 3(a)(i)