- Latest available (Revised)
- Point in Time (01/10/2006)
- Original (As enacted)
No versions valid at: 01/10/2006
Point in time view as at 01/10/2006. This version of this provision is not valid for this point in time.
There are currently no known outstanding effects for the Consumer Credit Act 2006, Section 5.
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
Valid from 06/04/2007
(1)In section 8(3) of the 1974 Act (which defines regulated consumer credit agreements) after “16” insert “ , 16A or 16B ”.
(2)In section 10 of that Act (running-account credit and fixed-sum credit)—
(a)in subsection (1) for “personal” wherever occurring substitute “ consumer ”;
(b)in subsection (3)—
(i)for “section 8(2)” substitute “ paragraph (a) of section 16B(1) ”;
(ii)for “subsection” substitute “ paragraph ”.
(3)In section 17(2) of that Act (small agreements) for “8(2)” substitute “ 16B(1)(a) ”.
(4)In section 145(4) of that Act (types of hire businesses relevant to credit brokerage) after paragraph (a) insert—
“(aa)a business which comprises or relates to consumer hire agreements being, otherwise than by virtue of section 16(6), exempt agreements;”.
(5)In subsection (1) of section 158 of that Act (duty of credit reference agency to disclose filed information) for paragraph (a) substitute—
“(a)a request in writing to that effect from a consumer,”.
(6)After subsection (4) of that section insert—
“(4A)In this section ‘consumer’ means—
(a)a partnership consisting of two or three persons not all of whom are bodies corporate; or
(b)an unincorporated body of persons which does not consist entirely of bodies corporate and is not a partnership.”
(7)In section 181(1) and (2) of that Act (power to alter monetary limits etc.) for “8(2), 15(1)(c)” substitute “ 16B(1) ”.
(8)In subsection (5) of section 185 of that Act (agreement with more than one debtor or hirer)—
(a)in paragraph (b) for “a body corporate” substitute “ not an individual ”;
(b)for “the body corporate or bodies corporate” substitute “ each person within paragraph (b) ”.
(9)In subsection (6) of that section after “a body corporate” insert “ within paragraph (b) of that subsection ”.
(10)In section 189(1) of that Act (definitions) in the definition of “exempt agreement” after “16” insert “ , 16A or 16B ”.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Point in Time: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.
Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.
Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: