Consumer Credit Act 2006

5 Consequential amendments relating to ss. 1 to 4 U.K.

(1) In section 8(3) of the 1974 Act (which defines regulated consumer credit agreements) after “16” insert “ , 16A or 16B ”.

(2) In section 10 of that Act (running-account credit and fixed-sum credit)—

(a) in subsection (1) for “personal” wherever occurring substitute “ consumer ”;

(b) in subsection (3)—

(i) for “section 8(2)” substitute “ paragraph (a) of section 16B(1) ”;

(ii) for “subsection” substitute “ paragraph ”.

(3) In section 17(2) of that Act (small agreements) for “8(2)” substitute “ 16B(1)(a) ”.

(4) In section 145(4) of that Act (types of hire businesses relevant to credit brokerage) after paragraph (a) insert—

“(aa) a business which comprises or relates to consumer hire agreements being, otherwise than by virtue of section 16(6), exempt agreements;”.

(5) In subsection (1) of section 158 of that Act (duty of credit reference agency to disclose filed information) for paragraph (a) substitute—

“(a) a request in writing to that effect from a consumer,”.

(6) After subsection (4) of that section insert—

“(4A) In this section ‘consumer’ means—

(a) a partnership consisting of two or three persons not all of whom are bodies corporate; or

(b) an unincorporated body of persons which does not consist entirely of bodies corporate and is not a partnership.”

(7) In section 181(1) and (2) of that Act (power to alter monetary limits etc.) for “8(2), 15(1)(c)” substitute “ 16B(1) ”.

(8) In subsection (5) of section 185 of that Act (agreement with more than one debtor or hirer)—

(a) in paragraph (b) for “a body corporate” substitute “ not an individual ”;

(b) for “the body corporate or bodies corporate” substitute “ each person within paragraph (b) ”.

(9) In subsection (6) of that section after “a body corporate” insert “ within paragraph (b) of that subsection ”.

(10) In section 189(1) of that Act (definitions) in the definition of “exempt agreement” after “16” insert “ , 16A or 16B ”.

Commencement Information

I1 S. 5(1)-(4) (7) (10) in force at 6.4.2008 by S.I. 2007/3300, art. 3(2), Sch. 2

I2 S. 5(5)(6)(8)(9) in force at 6.4.2007 by S.I. 2007/123, art. 3(2), Sch. 2