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Article 3
SCHEDULEINCREASES OF MONETARY AMOUNTS IN CONSUMER CREDIT ACT 1974
Section of the Act | Short Description | Present Amount() | New Amount |
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(1) | (2) | (3) | (4) |
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70(6) | Upper limit for credit-broker’s fee or commission on cancelled regulated agreement | £3 | £5 |
77(1), 78(1) | Fee for information to debtor under regulated fixed-sum credit or running-account credit agreement | 50p | £1 |
79(1) | Fee for information to hirer under regulated consumer hire agreement | 50p | £1 |
84(1) | Upper limit of debtor’s liability for loss to creditor following misuse of credit-token | £50 | £50 |
101(7)(a) | Upper limit of annual hire payments for right of termination of regulated consumer hire agreement | £900 | £1,500 |
107(1), 108(1), 109(1) | Fee for information to surety under regulated fixed-sum credit, running-account credit or consumer hire agreement | 50p | £1 |
110(1) | Fee for copy of security instrument | 50p | £1 |
118(1)(b) | Upper limit for use of unsworn statement in place of lost pawn -receipt | £25 | £75 |
120(1)(a) | Upper limit of pawned property which passes to pawnee on failure to redeem within redemption period of 6 months | £25 | £75 |
155(1) | Upper limit for credit-broker’s fee or commission for services not leading to an agreement | £3 | £5 |
158(1) | Fee to credit reference agency for copy of file on individual | £1 | £2 |
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