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SCHEDULES

SCHEDULE 3U.K. Transitional and Commencement Provisions

Part II of Act U.K. Credit Agreements, Hire Agreements and Linked Transactions

Regulated agreementsU.K.

1(1)An agreement made before [F11st April 1977]is not a regulated agreement within the meaning of this Act.U.K.

(2)In this Act “prospective regulated agreement ” does not include a prospective agreement which, if made as expected, would be made before [F11st April 1977].

Textual Amendments

Linked transactionsU.K.

2U.K.A transaction may be a linked transaction in relation to a regulated agreement or prospective regulated agreement even though the transaction was entered into before the day appointed for the purposes of paragraph 1.

3U.K.Section 19(3) applies only to transactions entered into on or after [F219th May 1985].

Textual Amendments

F2Words substituted by S.I. 1983/1551, arts. 2(1), 3(a)(i)

Total charge for creditU.K.

4U.K.Section 20 applies to consumer credit agreements whenever made.