Valid from 06/04/2007
(1)After section 140C of the 1974 Act (inserted by section 21 of this Act) insert—
The advice and information published by the OFT under section 229 of the Enterprise Act 2002 shall indicate how the OFT expects sections 140A to 140C of this Act to interact with Part 8 of that Act.”
(2)In section 16 of that Act (exempt agreements) before subsection (8) insert—
“(7A)Nothing in this section affects the application of sections 140A to 140C.”
(3)Sections 137 to 140 of that Act (extortionate credit bargains) shall cease to have effect.
(4)In section 181 of that Act (power to alter monetary limits etc.)—
(a)in subsection (1) before “155(1)” insert “ 140B(6), ”;
(b)in subsection (2) before “shall” insert “ or 140B(6) ”.