Consumer Credit Act 2006

25Credit information servicesU.K.

This section has no associated Explanatory Notes

(1)In subsection (1) of section 145 of the 1974 Act (types of ancillary credit business) before paragraph (e) insert—

(db)the provision of credit information services, or.

F1(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F2(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(4)In each of the following provisions of that Act for “or debt-counselling” substitute “ , debt-counselling or the provision of credit information services ”

(a)section 152(1)(application of sections 52 to 54 to ancillary credit businesses);

(b)section 154 (prohibition of canvassing ancillary credit business off trade premises);

(c)section 156 (regulations about agreements entered into for ancillary credit businesses).

(5)In section 189(1) of that Act (definitions) after the definition of “credit brokerage” insert—

‘credit information services’ has the meaning given by section 145(7B).

Textual Amendments

F1S. 25(2) omitted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by virtue of The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), art. 1(2)(6), Sch. para. 10(a)

F2S. 25(3) omitted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by virtue of The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), art. 1(2)(6), Sch. para. 10(a)

Commencement Information

I1S. 25(1)(3)(4) in force at 1.10.2008 by S.I. 2007/3300, art. 3(3), Sch. 3

I2S. 25(2)(5) in force at 16.6.2006 by S.I. 2006/1508, art. 3(1), Sch. 1