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Consumer Credit Act 2006

Consumer Credit Act 2006

2006 CHAPTER 14

Commentary on Sections

Agreements Regulated under the 1974 Act

Section 5: Consequential amendments relating to ss. 1 to 4

22.Section 5 provides for amendments to the 1974 Act arising as a consequence of sections 1 to 4. Section 5(7) provides that the Secretary of State has power by order to alter the amount of £25,000 under the new section 16B inserted in the 1974 Act by section 4 of the 2006 Act. That power is subject to the affirmative resolution procedure.

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