Agreements regulated under the 1974 Act etc.
2Removal of financial limits etc.
1
In section 8 of the 1974 Act (which defines consumer credit agreements)—
a
in subsection (1) for “personal” substitute “
consumer
”
;
b
subsection (2) shall cease to have effect.
2
In section 15(1) of that Act (which defines consumer hire agreements) paragraph (c) and the “and” immediately preceding it shall cease to have effect.
3
In section 43(3) of that Act (financial and other limits relating to regulation of advertisements) paragraph (a) and the “or” immediately after it shall cease to have effect.