[F1Exemption from consumer credit rulesU.K.
Textual Amendments
F1Sch. 1A inserted (8.4.2010 for certain purposes and 1.4.2011 otherwise) by Financial Services Act 2010 (c. 28), ss. 2(6), 26(1)(b)(k), Sch. 1 para. 1 (with Sch. 1 para. 2); S.I. 2010/2480, art. 3
10(1)A licence is not required under Part 3 of the Consumer Credit Act 1974 in respect of anything done by—U.K.
(a)the consumer financial education body in discharging the consumer financial education function; or
(b)a person acting on its behalf in accordance with arrangements made under paragraph 4(1)(b).
(2)Nothing in Part 4 or 10 of that Act (seeking business or ancillary credit business) is to apply in relation to anything done by—
(a)the consumer financial education body in discharging the consumer financial education function; or
(b)a person acting on its behalf in accordance with arrangements made under paragraph 4(1)(b).]