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Statutory Instruments

1994 No. 2420

CONSUMER CREDIT

The Consumer Credit (Exempt Agreements) (Amendment) Order 1994

Made

13th September 1994

Laid before Parliament

19th September 1994

Coming into force

10th October 1994

The Secretary of State, after consulting in accordance with section 16(3) of the Consumer Credit Act 1974(1) the persons referred to therein, in exercise of the powers conferred upon him by sections 16(1) and (4) and 182(2) and (4) of that Act, and of all other powers enabling him in that behalf, hereby makes the following Order:

1.  This Order may be cited as the Consumer Credit (Exempt Agreements) (Amendment) Order 1994 and shall come into force on 10th October 1994.

2.  The Consumer Credit (Exempt Agreements) Order 1989(2) is hereby amended in Schedule 1—

(a)In Part I, under the heading “INSURANCE COMPANIES”, by omitting “Citibank Assurance Company Limited”; and

(b)by substituting for Part III the following Part—

“PART IIIBODIES CORPORATE NAMED OR SPECIFICALLY REFERRED TO IN AN ORDER MADE UNDER SECTION 156(4), 444(1) OR 447(2)(a) OF THE HOUSING ACT 1985

Neil Hamilton

Parliamentary Under Secretary of State for Corporate Affairs,

Department of Trade and Industry

13th September 1994

Explanatory Note

(This note is not part of the Order)

This Order provides for further miscellaneous amendments to the Consumer Credit (Exempt Agreements) Order 1989.

It removes the name of one insurance company from the list in Part I of Schedule 1 to the Order. It also reflects a change of the name of one body corporate in, and adds the names of eleven others to, the list in Part III of that Schedule.

(1)

1974 c. 39; section 16 was amended by the Employment Protection Act 1975 (c. 71), section 125 and Schedule 18; the Telecommunications Act 1984 (c. 12), section 109 and Schedule 4, paragraph 60; the Building Societies Act 1986 (c. 53), section 120 and Schedules 18 and 19; the Housing and Planning Act 1986 (c. 63), section 22; the Banking Act 1987 (c. 22), section 88; the Housing (Scotland) Act 1987 (c. 26), section 339 and Schedule 23, paragraph 21 and the Housing Act 1988 (c. 50), section 140 and Schedule 17, paragraph 20.